Spot Check on Stocks With Abnormal Activity CIM Commercial Trust Corporation (NASDAQ:CMCT), Workday, Inc. (NYSE:WDAY)

Shares of CIM Commercial Trust Corporation (NASDAQ:CMCT) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $19.35 at the time of writing.  The day’s total volume of 65608 this morning is in contrast from the three-month daily average of 23.20K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.31.

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

CIM Commercial Trust Corporation (NASDAQ:CMCT)‘s market cap, the total dollar value of all of their outstanding shares, is 1035.81m.  Including today’s unusual volume, CIM Commercial Trust Corporation‘s stock is performing at 42.41% on the year.  For the week, the stock is performing 15.87%.  Over the past month the firm’s stock is 22.47%, 27.68% for the last quarter, 41.00% for the past six-months and 37.64% for the last year.

Current levels places CIM Commercial Trust Corporation (NASDAQ:CMCT)’s stock about -0.77% from the 50-day high and 27.72% away from the 50-day low.  

Workday, Inc. (NYSE:WDAY) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $107.25.  The day’s total volume of 4440411 this morning is in contrast from the three-month daily average of 1322.22K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.93.

Looking Back

Workday, Inc. (NYSE:WDAY)‘s market cap, the total dollar value of all of their outstanding shares, is 22647.67m.  Including today’s unusual volume, Workday, Inc.‘s stock is performing at 61.87% on the year.  For the week, the stock is performing -1.09%.  Over the past month the firm’s stock is 7.65%, 8.42% for the last quarter, 27.42% for the past six-months and 22.25% for the last year.

Current levels places Workday, Inc. (NYSE:WDAY)’s stock about -3.77% from the 50-day high and 13.61% away from the 50-day low.  

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