Erratic Trading Showing Unusual Volume in Shares of The New York Times Company (NYSE:NYT) and The First Bancshares, Inc. (NASDAQ:FBMS)

Shares of The New York Times Company (NYSE:NYT) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $17.77 at the time of writing.  The day’s total volume of 3739286 this morning is in contrast from the three-month daily average of 1138.06K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.78.

Why is this important?

Trading volume is a hugely important consideration for any investor.  By watching how many shares are trading hands and looking for any changes in that activity, trading opportunities can be spotted along with a deeper understanding of the reliability of other indicators on the stock. 

Looking Back

The New York Times Company (NYSE:NYT)‘s market cap, the total dollar value of all of their outstanding shares, is 2991.46m.  Including today’s unusual volume, The New York Times Company‘s stock is performing at 40.23% on the year.  For the week, the stock is performing 0.81%.  Over the past month the firm’s stock is 7.80%, -1.58% for the last quarter, 5.97% for the past six-months and 41.83% for the last year.

Current levels places The New York Times Company (NYSE:NYT)’s stock about -11.57% from the 50-day high and 4.87% away from the 50-day low.  

The First Bancshares, Inc. (NASDAQ:FBMS) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $32.30.  The day’s total volume of 76631 this morning is in contrast from the three-month daily average of 32.47K.  When we divide the current volume by the three-month average volume, we get a relative volume of 2.72.

Looking Back

The First Bancshares, Inc. (NASDAQ:FBMS)‘s market cap, the total dollar value of all of their outstanding shares, is 372.85m.  Including today’s unusual volume, The First Bancshares, Inc.‘s stock is performing at 21.27% on the year.  For the week, the stock is performing 1.21%.  Over the past month the firm’s stock is 7.41%, 17.22% for the last quarter, 21.27% for the past six-months and 32.08% for the last year.

Current levels places The First Bancshares, Inc. (NASDAQ:FBMS)’s stock about -4.58% from the 50-day high and 15.38% away from the 50-day low.  

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