Bioptix, Inc. (:BIOP) and TransEnterix, Inc. (:TRXC) See Unusual Volume Mid-Session

Bioptix, Inc. (:BIOP) shares are seeing unusual volume mid-trading session today.  While the stock price moved along with the volume change, shares are touching $4.15.  The day’s total volume of 37524 this morning is in contrast from the three-month daily average of 12.49K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.52.

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

Bioptix, Inc. (:BIOP)‘s market cap, the total dollar value of all of their outstanding shares, is 21.08m.  Including today’s unusual volume, Bioptix, Inc.‘s stock is performing at 3.39% on the year.  For the week, the stock is performing 1.28%.  Over the past month the firm’s stock is 7.88%, -1.24% for the last quarter, 15.07% for the past six-months and -3.41% for the last year.

Current levels places Bioptix, Inc. (:BIOP)’s stock about 0.73% from the 50-day high and 20.29% away from the 50-day low.  

Investors are on alert as TransEnterix, Inc. (:TRXC)’s stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $1.40.  The day’s total volume of 4066363 this morning is in contrast from the three-month daily average of 1149.25K. 

Looking Back

TransEnterix, Inc. (:TRXC)‘s market cap, the total dollar value of all of their outstanding shares, is 167.06m.  Including today’s unusual volume, TransEnterix, Inc.‘s stock is performing at -3.08% on the year.  For the week, the stock is performing 28.57%.  Over the past month the firm’s stock is 80.31%, 162.34% for the last quarter, 10.53% for the past six-months and -14.29% for the last year.

Current levels places TransEnterix, Inc. (:TRXC)’s stock about 8.53% from the 50-day high and 132.17% away from the 50-day low.  

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