Unusual Activity Sighted in Gemphire Therapeutics Inc. (NASDAQ:GEMP), and Endo International plc (NASDAQ:ENDP) Shares

Shares of Gemphire Therapeutics Inc. (NASDAQ:GEMP) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $8.66 at the time of writing.  The day’s total volume of 409397 this morning is in contrast from the three-month daily average of 107.03K.  When we divide the current volume by the three-month average volume, we get a relative volume of 4.49.

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

Gemphire Therapeutics Inc. (NASDAQ:GEMP)‘s market cap, the total dollar value of all of their outstanding shares, is 110.42m.  Including today’s unusual volume, Gemphire Therapeutics Inc.‘s stock is performing at 26.66% on the year.  For the week, the stock is performing -52.87%.  Over the past month the firm’s stock is -23.91%, -11.02% for the last quarter, -7.37% for the past six-months and 7.93% for the last year.

Current levels places Gemphire Therapeutics Inc. (NASDAQ:GEMP)’s stock about -59.89% from the 50-day high and 0.68% away from the 50-day low.  

Endo International plc (NASDAQ:ENDP) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $8.32.  The day’s total volume of 18537433 this morning is in contrast from the three-month daily average of 5964.66K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.65.

Looking Back

Endo International plc (NASDAQ:ENDP)‘s market cap, the total dollar value of all of their outstanding shares, is 2194.46m.  Including today’s unusual volume, Endo International plc‘s stock is performing at -43.47% on the year.  For the week, the stock is performing -15.52%.  Over the past month the firm’s stock is -17.68%, -14.19% for the last quarter, -25.70% for the past six-months and -48.48% for the last year.

Current levels places Endo International plc (NASDAQ:ENDP)’s stock about -41.20% from the 50-day high and -9.66% away from the 50-day low.  

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