Unusual Volume Spotted in Saga Communications, Inc. (:SGA) and Live Ventures Incorporated (NASDAQ:LIVE)

Saga Communications, Inc. (:SGA) shares are seeing unusual volume mid-trading session today.  While the stock price moved along with the volume change, shares are touching $43.65.  The day’s total volume of 18270 this morning is in contrast from the three-month daily average of 5.52K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.88.

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

Saga Communications, Inc. (:SGA)‘s market cap, the total dollar value of all of their outstanding shares, is 254.04m.  Including today’s unusual volume, Saga Communications, Inc.‘s stock is performing at -13.52% on the year.  For the week, the stock is performing 4.69%.  Over the past month the firm’s stock is 10.83%, -14.03% for the last quarter, -13.78% for the past six-months and 3.10% for the last year.

Current levels places Saga Communications, Inc. (:SGA)’s stock about -5.72% from the 50-day high and 15.63% away from the 50-day low.  

Investors are on alert as Live Ventures Incorporated (NASDAQ:LIVE)’s stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $10.59.  The day’s total volume of 32441 this morning is in contrast from the three-month daily average of 8.17K. 

Looking Back

Live Ventures Incorporated (NASDAQ:LIVE)‘s market cap, the total dollar value of all of their outstanding shares, is 21.52m.  Including today’s unusual volume, Live Ventures Incorporated‘s stock is performing at -55.87% on the year.  For the week, the stock is performing 2.02%.  Over the past month the firm’s stock is -8.07%, 3.11% for the last quarter, -26.29% for the past six-months and 2.71% for the last year.

Current levels places Live Ventures Incorporated (NASDAQ:LIVE)’s stock about -18.41% from the 50-day high and 11.01% away from the 50-day low.  

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