Approach Resources, Inc. (NASDAQ:AREX) Experiencing Unusual Activity Mid-day

Approach Resources, Inc. (NASDAQ:AREX) shares are seeing unusual volume mid-trading session today.  While the stock price moved along with the volume change, shares are touching $3.91.  The day’s total volume of 1850159 this morning is in contrast from the three-month daily average of 541.32K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.42.

Approach Resources, Inc. (NASDAQ:AREX)‘s market cap, the total dollar value of all of their outstanding shares, is 340.40m.  Including today’s unusual volume, Approach Resources, Inc.‘s stock is performing at 32.09% on the year.  For the week, the stock is performing 23.73%.  Over the past month the firm’s stock is 55.78%, 69.26% for the last quarter, 23.73% for the past six-months and 23.73% for the last year.

Current levels places Approach Resources, Inc. (NASDAQ:AREX)’s stock about -2.49% from the 50-day high and 78.95% away from the 50-day low.  

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