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Eros Internation Trading Lower Today on Above-Average Volume (EROS)

By David Diaz

Eros Internation's stock is down 14.9% to $7.40 on heavy trading volume. About 349,000 shares have been traded today, as compared to the 30-day average volume of 200,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend is monitoring the recent change of momentum in Eros Internation. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Eros Internation in search of a potential trend change.

In the past 52 weeks, Eros Internation share prices have been bracketed by a current low of $7.35 and a high of $19.87 and are now at $7.45. The 200-day and 50-day moving averages have moved 2.16% lower and 4.66% higher over the past week, respectively.

Keywords: unusual volume eros internation

Ticker(s): EROS