Trader Alert: Unusual Volume Spotted in Ciena Corporation (NYSE:CIEN), and Vince Holding Corp. (NYSE:VNCE)

Ciena Corporation (NYSE:CIEN) shares are seeing unusual volume mid-trading session today.  While the stock price moved along with the volume change, shares are touching $20.97.  The day’s total volume of 11885287 this morning is in contrast from the three-month daily average of 2941.26K.  When we divide the current volume by the three-month average volume, we get a relative volume of 4.65.

Why is this important?

Trading volume is a hugely important consideration for any investor.  By watching how many shares are trading hands and looking for any changes in that activity, trading opportunities can be spotted along with a deeper understanding of the reliability of other indicators on the stock. 

Looking Back

Ciena Corporation (NYSE:CIEN)‘s market cap, the total dollar value of all of their outstanding shares, is 3015.96m.  Including today’s unusual volume, Ciena Corporation‘s stock is performing at -13.27% on the year.  For the week, the stock is performing -0.89%.  Over the past month the firm’s stock is 3.77%, -2.22% for the last quarter, -19.35% for the past six-months and 0.81% for the last year.

Current levels places Ciena Corporation (NYSE:CIEN)’s stock about -7.34% from the 50-day high and 8.09% away from the 50-day low.  

Investors are on alert as Vince Holding Corp. (NYSE:VNCE)’s stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $5.02.  The day’s total volume of 162684 this morning is in contrast from the three-month daily average of 34.26K. 

Looking Back

Vince Holding Corp. (NYSE:VNCE)‘s market cap, the total dollar value of all of their outstanding shares, is 55.01m.  Including today’s unusual volume, Vince Holding Corp.‘s stock is performing at -88.37% on the year.  For the week, the stock is performing -5.42%.  Over the past month the firm’s stock is 35.34%, -9.30% for the last quarter, -14.39% for the past six-months and -88.79% for the last year.

Current levels places Vince Holding Corp. (NYSE:VNCE)’s stock about -22.63% from the 50-day high and 56.87% away from the 50-day low.  

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