Unusual Activity Sighted in Cutera, Inc. (NASDAQ:CUTR), and Armstrong Flooring, Inc. (ASX:AFI) Shares

Shares of Cutera, Inc. (NASDAQ:CUTR) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $32.45 at the time of writing.  The day’s total volume of 529472 this morning is in contrast from the three-month daily average of 130.59K.  When we divide the current volume by the three-month average volume, we get a relative volume of 4.76.

Cutera, Inc. (NASDAQ:CUTR)‘s market cap, the total dollar value of all of their outstanding shares, is 370.17m.  Including today’s unusual volume, Cutera, Inc.‘s stock is performing at 53.60% on the year.  For the week, the stock is performing 2.30%.  Over the past month the firm’s stock is -1.11%, 34.94% for the last quarter, 38.80% for the past six-months and 132.55% for the last year.

Current levels places Cutera, Inc. (NASDAQ:CUTR)’s stock about 10.94% from the 50-day high and 48.17% away from the 50-day low.  

Armstrong Flooring, Inc. (ASX:AFI) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $14.65.  The day’s total volume of 563358 this morning is in contrast from the three-month daily average of 204.07K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.24.

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

Armstrong Flooring, Inc. (ASX:AFI)‘s market cap, the total dollar value of all of their outstanding shares, is 399.24m.  Including today’s unusual volume, Armstrong Flooring, Inc.‘s stock is performing at -28.43% on the year.  For the week, the stock is performing -17.91%.  Over the past month the firm’s stock is -21.83%, -25.97% for the last quarter, -32.14% for the past six-months and -24.72% for the last year.

Current levels places Armstrong Flooring, Inc. (ASX:AFI)’s stock about -22.73% from the 50-day high and 5.32% away from the 50-day low.  

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