Unusual Volume Spotted in Lamar Advertising Company (NASDAQ:LAMR) and Hailiang Education Group Inc. (:HLG)

Lamar Advertising Company (NASDAQ:LAMR) shares are seeing unusual volume mid-trading session today.  While the stock price moved along with the volume change, shares are touching $64.81.  The day’s total volume of 1947091 this morning is in contrast from the three-month daily average of 505.98K.  When we divide the current volume by the three-month average volume, we get a relative volume of 4.52.

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

Lamar Advertising Company (NASDAQ:LAMR)‘s market cap, the total dollar value of all of their outstanding shares, is 6616.57m.  Including today’s unusual volume, Lamar Advertising Company‘s stock is performing at 1.92% on the year.  For the week, the stock is performing -2.89%.  Over the past month the firm’s stock is -5.58%, -3.68% for the last quarter, -8.63% for the past six-months and 4.53% for the last year.

Current levels places Lamar Advertising Company (NASDAQ:LAMR)’s stock about -14.60% from the 50-day high and -3.57% away from the 50-day low.  

Investors are on alert as Hailiang Education Group Inc. (:HLG)’s stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $9.15.  The day’s total volume of 28727 this morning is in contrast from the three-month daily average of 5.81K. 

Looking Back

Hailiang Education Group Inc. (:HLG)‘s market cap, the total dollar value of all of their outstanding shares, is 242.28m.  Including today’s unusual volume, Hailiang Education Group Inc.‘s stock is performing at 28.16% on the year.  For the week, the stock is performing 4.67%.  Over the past month the firm’s stock is 6.08%, 10.82% for the last quarter, 15.72% for the past six-months and -0.42% for the last year.

Current levels places Hailiang Education Group Inc. (:HLG)’s stock about -6.63% from the 50-day high and 30.29% away from the 50-day low.  

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