Calm waters present 3 heavy volume marlins in stocks

Published: November 25 2022, 14:40 GMT+0

Calm waters present 3 heavy volume marlins in stocks

The highest volumes today go to: Terminix Global Holdings, Inc., Phillips 66 Partners LP, Duke Realty Corp.

A short overview of the current market situation: Markets are mixed with Nasdaq trades at 11,242 after losing 0.39%. Dow Jones up 0.27%, trading at 34,300.

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.

25.88 million traded volume exceeded the daily average by 482%: Terminix stumbles to $37.87

A blockbuster trading session for Terminix Global Holdings, Inc., eclipsing its average daily volume by 482% and recording 25.88 million. While on a 19 day downtrend, dropping a total of 7.59%, more of the same today: Terminix is down to $37.87, after ending Wednesday at $38.06. Overall, a 0.5% loss or 19 cents today.

The pest control company is now trading 13.42% below its 3-month high of $46.98. Terminix's market cap is currently $4.60 billion with an average daily trading volume of 5.37 million shares. Terminix is forecasted to generate revenues of $545.27 million and EPS of 40 cents.

16.20 million traded volume exceeded the daily average by 221%: Phillips 66 Partners goes up 1.89% to $42

A hectic day for Phillips 66 Partners, surpassing its average daily volume by 221% to reach 16.20 million. Phillips 66 Partners is on a 10 day bullish run gaining 0 cents (1.89%). heading in the same direction for now — after closing the previous trading day at $41.23, Phillips 66 Partners is up to $42, which makes for a move of 1.89%/77 cents today.

Duke Realty increases 0.48% to $48.2 Duke Realty up 0.48% to $48.2 after 28 days of trading sideways

Finally showing signs of life after 28 days of trading sideways, todays session shows some improvement: after closing the previous trading day at $47.97, Duke Realty is up to $48.2, which makes for a move of 0.48%/23 cents today.

— Average trading volume refers to a 21-day rolling average.

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