Unusual Volume Spotted in Kona Grill, Inc. (NASDAQ:KONA) and GoPro, Inc. (NASDAQ:GPRO)

Kona Grill, Inc. (NASDAQ:KONA) shares are seeing unusual volume mid-trading session today.  While the stock price moved along with the volume change, shares are touching $1.65.  The day’s total volume of 479722 this morning is in contrast from the three-month daily average of 185.89K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.03.

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

Kona Grill, Inc. (NASDAQ:KONA)‘s market cap, the total dollar value of all of their outstanding shares, is 16.91m.  Including today’s unusual volume, Kona Grill, Inc.‘s stock is performing at -88.05% on the year.  For the week, the stock is performing -43.40%.  Over the past month the firm’s stock is -53.85%, -71.96% for the last quarter, -82.86% for the past six-months and -87.60% for the last year.

Current levels places Kona Grill, Inc. (NASDAQ:KONA)’s stock about -61.63% from the 50-day high and 10.00% away from the 50-day low.  

Investors are on alert as GoPro, Inc. (NASDAQ:GPRO)’s stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $10.36.  The day’s total volume of 11277104 this morning is in contrast from the three-month daily average of 2539.43K. 

Looking Back

GoPro, Inc. (NASDAQ:GPRO)‘s market cap, the total dollar value of all of their outstanding shares, is 1188.50m.  Including today’s unusual volume, GoPro, Inc.‘s stock is performing at 13.09% on the year.  For the week, the stock is performing 21.60%.  Over the past month the firm’s stock is 23.13%, 16.98% for the last quarter, 2.82% for the past six-months and -27.20% for the last year.

Current levels places GoPro, Inc. (NASDAQ:GPRO)’s stock about -0.21% from the 50-day high and 36.84% away from the 50-day low.  

Leave a Comment