The highest trading volumes during yesterday's session were recorded by: Eni S.p.A., BP, HollyFrontier Corp.
Yesterday's session summary: Leading equity indices in the US declined as after dropping 1.68%, Nasdaq closed at 11,900. S&P 500 was down 1.11% before closing the session at 4,118.
Why trading volume matters?
Trading volume is simply the total number of shares traded including both buy and sell orders. If a stock has appreciated on high volume, it is more likely to be a sustained move compared to an appreciation with low volume. Typically, high volume trading sessions are considered significant occurrences and closely watched by traders.
Though trading was down yesterday, some energy stocks reached high volumes. Here is an update.
ENI | 486% higher than rolling average
Eni S.p.A. had a compelling day yesterday, with 1.68 million shares traded helping the company surpass its average daily volume by 486%.
ENI hit a significant low of $20.44 around 4 months ago, but has since recovered 48.19%.
ENI discloses 31.1 cents per share dividend to be paid on Wednesday, December 7th
ENI | 486% higher than rolling average
Eni S.p.A. had a compelling day yesterday, with 1.68 million shares traded helping the company surpass its average daily volume by 486%.
ENI hit a significant low of $20.44 around 4 months ago, but has since recovered 48.19%.
ENI discloses 31.1 cents per share dividend to be paid on Wednesday, December 7th
ENI | 486% higher than rolling average
Eni S.p.A. had a compelling day yesterday, with 1.68 million shares traded helping the company surpass its average daily volume by 486%.
ENI hit a significant low of $20.44 around 4 months ago, but has since recovered 48.19%.
ENI discloses 31.1 cents per share dividend to be paid on Wednesday, December 7th
— Average trading volume refers to a 21-day rolling average.