Unusual Activity Sighted in Bitauto Holdings Limited (NYSE:BITA), and Marinus Pharmaceuticals, Inc. (NASDAQ:MRNS) Shares

Shares of Bitauto Holdings Limited (NYSE:BITA) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $37.13 at the time of writing.  The day’s total volume of 1719850 this morning is in contrast from the three-month daily average of 745.01K.  When we divide the current volume by the three-month average volume, we get a relative volume of 2.71.

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

Bitauto Holdings Limited (NYSE:BITA)‘s market cap, the total dollar value of all of their outstanding shares, is 2237.73m.  Including today’s unusual volume, Bitauto Holdings Limited‘s stock is performing at 70.17% on the year.  For the week, the stock is performing 5.57%.  Over the past month the firm’s stock is 14.90%, 16.35% for the last quarter, 69.90% for the past six-months and 17.16% for the last year.

Current levels places Bitauto Holdings Limited (NYSE:BITA)’s stock about 13.74% from the 50-day high and 44.19% away from the 50-day low.  

Marinus Pharmaceuticals, Inc. (NASDAQ:MRNS) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $2.37.  The day’s total volume of 1403495 this morning is in contrast from the three-month daily average of 407.90K.  When we divide the current volume by the three-month average volume, we get a relative volume of 4.04.

Looking Back

Marinus Pharmaceuticals, Inc. (NASDAQ:MRNS)‘s market cap, the total dollar value of all of their outstanding shares, is 48.99m.  Including today’s unusual volume, Marinus Pharmaceuticals, Inc.‘s stock is performing at 109.80% on the year.  For the week, the stock is performing 10.36%.  Over the past month the firm’s stock is 52.45%, 61.76% for the last quarter, 70.89% for the past six-months and 42.21% for the last year.

Current levels places Marinus Pharmaceuticals, Inc. (NASDAQ:MRNS)’s stock about 10.30% from the 50-day high and 109.86% away from the 50-day low.  

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