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Zayo Group Holdi Rising Today on Above-Average Volume (ZAYO)

By Nick Russo

Zayo Group Holdi shares are trading on heavy volume today, having risen 0.1% to $33.90. Today's volume of 4.3 million shares tops the average 30-day volume of 2.7 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of Zayo Group Holdi on January 11th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $25.63. Since that recommendation, shares of Zayo Group Holdi have risen 32.2%. We continue to monitor ZAYO for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Zayo Group Holdi share prices have moved between a 52-week high of $35.68 and a 52-week low of $20.27 and are now trading 67% above that low price at $33.90 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.7%.

Keywords: unusual volume zayo group holdi

Ticker(s): ZAYO