Unusual Activity Sighted in Walter Investment Management Corp. (NYSE:WAC), and Galectin Therapeutics, Inc. (NASDAQ:GALT) Shares

Shares of Walter Investment Management Corp. (NYSE:WAC) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $0.75 at the time of writing.  The day’s total volume of 4044633 this morning is in contrast from the three-month daily average of 834.72K.  When we divide the current volume by the three-month average volume, we get a relative volume of 5.58.

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

Walter Investment Management Corp. (NYSE:WAC)‘s market cap, the total dollar value of all of their outstanding shares, is 23.69m.  Including today’s unusual volume, Walter Investment Management Corp.‘s stock is performing at -88.63% on the year.  For the week, the stock is performing 25.00%.  Over the past month the firm’s stock is 13.68%, 22.12% for the last quarter, -39.41% for the past six-months and -91.36% for the last year.

Current levels places Walter Investment Management Corp. (NYSE:WAC)’s stock about -4.42% from the 50-day high and 140.56% away from the 50-day low.  

Galectin Therapeutics, Inc. (NASDAQ:GALT) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $2.05.  The day’s total volume of 4770431 this morning is in contrast from the three-month daily average of 403.48K.  When we divide the current volume by the three-month average volume, we get a relative volume of 13.61.

Looking Back

Galectin Therapeutics, Inc. (NASDAQ:GALT)‘s market cap, the total dollar value of all of their outstanding shares, is 59.51m.  Including today’s unusual volume, Galectin Therapeutics, Inc.‘s stock is performing at 57.17% on the year.  For the week, the stock is performing -39.84%.  Over the past month the firm’s stock is -36.36%, -12.99% for the last quarter, -42.32% for the past six-months and 76.93% for the last year.

Current levels places Galectin Therapeutics, Inc. (NASDAQ:GALT)’s stock about -34.71% from the 50-day high and 60.16% away from the 50-day low.  

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