Trader Alert: Unusual Volume Spotted in Evoke Pharma, Inc. (NASDAQ:EVOK), and Delta Apparel, Inc. (:DLA)

Evoke Pharma, Inc. (NASDAQ:EVOK) shares are seeing unusual volume mid-trading session today.  While the stock price moved along with the volume change, shares are touching $2.97.  The day’s total volume of 181099 this morning is in contrast from the three-month daily average of 61.74K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.44.

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

Evoke Pharma, Inc. (NASDAQ:EVOK)‘s market cap, the total dollar value of all of their outstanding shares, is 45.25m.  Including today’s unusual volume, Evoke Pharma, Inc.‘s stock is performing at 46.04% on the year.  For the week, the stock is performing 12.17%.  Over the past month the firm’s stock is 31.70%, 14.34% for the last quarter, -2.32% for the past six-months and 48.24% for the last year.

Current levels places Evoke Pharma, Inc. (NASDAQ:EVOK)’s stock about -0.67% from the 50-day high and 35.62% away from the 50-day low.  

Investors are on alert as Delta Apparel, Inc. (:DLA)’s stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $22.10.  The day’s total volume of 55071 this morning is in contrast from the three-month daily average of 18.34K. 

Looking Back

Delta Apparel, Inc. (:DLA)‘s market cap, the total dollar value of all of their outstanding shares, is 163.59m.  Including today’s unusual volume, Delta Apparel, Inc.‘s stock is performing at 5.64% on the year.  For the week, the stock is performing 1.58%.  Over the past month the firm’s stock is 15.14%, 3.50% for the last quarter, 35.52% for the past six-months and 34.77% for the last year.

Current levels places Delta Apparel, Inc. (:DLA)’s stock about -3.41% from the 50-day high and 22.78% away from the 50-day low.  

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