Session Recap: Viewing Unusual Volume for These Stocks: Red Lion Hotels Corporation (NYSE:RLH) and WSI Industries, Inc. (NASDAQ:WSCI)

Red Lion Hotels Corporation (NYSE:RLH) shares are seeing unusual volume mid-trading session today.  While the stock price moved along with the volume change, shares are touching $7.43.  The day’s total volume of 140225 this morning is in contrast from the three-month daily average of 51.03K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.23.

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

Red Lion Hotels Corporation (NYSE:RLH)‘s market cap, the total dollar value of all of their outstanding shares, is 170.72m.  Including today’s unusual volume, Red Lion Hotels Corporation‘s stock is performing at -13.17% on the year.  For the week, the stock is performing 1.40%.  Over the past month the firm’s stock is -2.03%, 9.85% for the last quarter, -9.38% for the past six-months and 2.69% for the last year.

Current levels places Red Lion Hotels Corporation (NYSE:RLH)’s stock about -0.34% from the 50-day high and 20.73% away from the 50-day low.  

Investors are on alert as WSI Industries, Inc. (NASDAQ:WSCI)’s stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $3.35.  The day’s total volume of 34317 this morning is in contrast from the three-month daily average of 5.61K. 

Looking Back

WSI Industries, Inc. (NASDAQ:WSCI)‘s market cap, the total dollar value of all of their outstanding shares, is 9.66m.  Including today’s unusual volume, WSI Industries, Inc.‘s stock is performing at 6.67% on the year.  For the week, the stock is performing 3.23%.  Over the past month the firm’s stock is 1.59%, 0.00% for the last quarter, 14.29% for the past six-months and 1.27% for the last year.

Current levels places WSI Industries, Inc. (NASDAQ:WSCI)’s stock about -1.47% from the 50-day high and 17.54% away from the 50-day low.  

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