CBOE Holdings Inc. (CBOE) traded on unusually high volume on Nov. 14, as the stock gained 0.74% to close at $116.60. On the day, CBOE Holdings Inc. saw 1.49 million shares trade hands on 12,053 trades. Considering that the stock averages only a daily volume of 812,855 shares a day over the last month, this represents a pretty significant bump in volume over the norm.
Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.
The stock has traded between $116.56 and $67.85 over the last 52-weeks, its 50-day SMA is now $108.97, and its 200-day SMA $91.81. CBOE Holdings Inc. has a P/B ratio of 4.6. It also has a P/E ratio of 62.2.
Cboe Global Markets Inc, formerly CBOE Holdings Inc is an exchange holding company. It offers trading options on various market indexes, futures, U.S. and European equities, exchange-traded products, and multi-asset volatility products.
Headquartered in Chicago, IL, CBOE Holdings Inc. has 553 employees and is currently under the leadership of CEO Edward Tilly.
For a complete fundamental analysis analysis of CBOE Holdings Inc., check out Equities.com’s Stock Valuation Analysis report for CBOE.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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