Erratic Trading Showing Unusual Volume in Shares of InterContinental Hotels Group PLC (NYSE:IHG)

Shares of InterContinental Hotels Group PLC (NYSE:IHG) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $54.69 at the time of writing.  The day’s total volume of 201219 this morning is in contrast from the three-month daily average of 118.57K.  When we divide the current volume by the three-month average volume, we get a relative volume of 2.85.

InterContinental Hotels Group PLC (NYSE:IHG)‘s market cap, the total dollar value of all of their outstanding shares, is 10329.19m.  Including today’s unusual volume, InterContinental Hotels Group PLC‘s stock is performing at 22.14% on the year.  For the week, the stock is performing 2.45%.  Over the past month the firm’s stock is 7.85%, -3.00% for the last quarter, 10.50% for the past six-months and 34.89% for the last year.

Current levels places InterContinental Hotels Group PLC (NYSE:IHG)’s stock about -4.89% from the 50-day high and 11.54% away from the 50-day low. 

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