The highest volumes today go to: Sasol Limited, HollyFrontier Corp, Cabot Oil & Gas Corp.
Here's the most recent update: Markets don't have a clear cut direction — Nasdaq trades sideways at 11,683. S&P 500 holds at 4,048.19.
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.
While trading was mostly flat Friday, some energy stocks are at high volumes. Check them out.
Sasol | 418,404 traded volume so far today exceeding the daily average by 169%
After three days of gains, it is down 3.05% today. The chemicals company is up 5.4% from the significant low of $14.45 it hit 6 days ago. On a negative trend for around a month. The company has a market cap of $9.46 billion with an average daily volume of 248,194 shares.
A blockbuster trading session for Sasol, eclipsing its average daily volume by 169% and recording 418,404.
HollyFrontier | eclipsing its average trading volume by 119%
A blockbuster trading session for HollyFrontier, eclipsing its average daily volume by 119% and recording 4.78 million.
11 months ago, the diversified energy company fell to a low of $29.34 but has since recovered 21.61%. The stock has been trending positively for about 11 months.
Cabot Oil & Gas Corp | 18.76 million traded volume so far today exceeding the daily average by 219%
With an average daily trading volume of 8.56 million shares.
Cabot Oil & Gas Corp is having an eventful day so far, currently at 18.76 million and outpacing its average daily volume by 219%.
— Average trading volume refers to a 21-day rolling average.