Trader Alert: Unusual Volume Spotted in Electronics for Imaging, Inc. (NASDAQ:EFII), and Tactile Systems Technology, Inc. (NASDAQ:TCMD)

Electronics for Imaging, Inc. (NASDAQ:EFII) shares are seeing unusual volume mid-trading session today.  While the stock price moved along with the volume change, shares are touching $30.86.  The day’s total volume of 2723695 this morning is in contrast from the three-month daily average of 692.69K.  When we divide the current volume by the three-month average volume, we get a relative volume of 4.62.

Electronics for Imaging, Inc. (NASDAQ:EFII)‘s market cap, the total dollar value of all of their outstanding shares, is 2427.32m.  Including today’s unusual volume, Electronics for Imaging, Inc.‘s stock is performing at -34.91% on the year.  For the week, the stock is performing -41.23%.  Over the past month the firm’s stock is -40.05%, -38.14% for the last quarter, -37.75% for the past six-months and -34.98% for the last year.

Current levels places Electronics for Imaging, Inc. (NASDAQ:EFII)’s stock about -39.47% from the 50-day high and 20.85% away from the 50-day low.  

Investors are on alert as Tactile Systems Technology, Inc. (NASDAQ:TCMD)’s stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $33.76.  The day’s total volume of 586720 this morning is in contrast from the three-month daily average of 196.43K. 

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

Tactile Systems Technology, Inc. (NASDAQ:TCMD)‘s market cap, the total dollar value of all of their outstanding shares, is 516.14m.  Including today’s unusual volume, Tactile Systems Technology, Inc.‘s stock is performing at 80.87% on the year.  For the week, the stock is performing 0.44%.  Over the past month the firm’s stock is 1.30%, 53.31% for the last quarter, 84.69% for the past six-months and 110.80% for the last year.

Current levels places Tactile Systems Technology, Inc. (NASDAQ:TCMD)’s stock about 7.21% from the 50-day high and 50.40% away from the 50-day low.  

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