- BITA has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $13.7 million.
- BITA has traded 89,621 shares today.
- BITA is trading at 2.03 times the normal volume for the stock at this time of day.
- BITA is trading at a new high 3.02% above yesterday's close.
'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success. EXCLUSIVE OFFER: Get the inside scoop on opportunities in BITA with the Ticky from Trade-Ideas. See the FREE profile for BITA NOW at Trade-Ideas More details on BITA: Bitauto Holdings Limited provides Internet content and marketing services for the automotive industry in the People's Republic of China. The company operates in four segments: bitauto.com Advertising Business, EP Platform Business, taoche.com Business, and Digital Marketing Solutions Business. BITA has a PE ratio of 4. Currently there are 2 analysts that rate Bitauto Holdings a buy, no analysts rate it a sell, and 2 rate it a hold.