Unusual Activity Sighted in LightPath Technologies, Inc. (NASDAQ:LPTH), and Top Ships Inc. (NASDAQ:TOPS) Shares

Shares of LightPath Technologies, Inc. (NASDAQ:LPTH) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $2.88 at the time of writing.  The day’s total volume of 465900 this morning is in contrast from the three-month daily average of 162.47K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.34.

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

LightPath Technologies, Inc. (NASDAQ:LPTH)‘s market cap, the total dollar value of all of their outstanding shares, is 64.70m.  Including today’s unusual volume, LightPath Technologies, Inc.‘s stock is performing at 74.03% on the year.  For the week, the stock is performing 5.10%.  Over the past month the firm’s stock is 1.52%, -2.55% for the last quarter, 0.75% for the past six-months and 53.14% for the last year.

Current levels places LightPath Technologies, Inc. (NASDAQ:LPTH)’s stock about 1.23% from the 50-day high and 29.45% away from the 50-day low.  

Top Ships Inc. (NASDAQ:TOPS) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $0.53.  The day’s total volume of 2207728 this morning is in contrast from the three-month daily average of 860.25K.  When we divide the current volume by the three-month average volume, we get a relative volume of 2.99.

Looking Back

Top Ships Inc. (NASDAQ:TOPS)‘s market cap, the total dollar value of all of their outstanding shares, is 4.76m.  Including today’s unusual volume, Top Ships Inc.‘s stock is performing at -100.00% on the year.  For the week, the stock is performing -16.88%.  Over the past month the firm’s stock is -40.59%, -96.69% for the last quarter, -100.00% for the past six-months and -100.00% for the last year.

Current levels places Top Ships Inc. (NASDAQ:TOPS)’s stock about -97.78% from the 50-day high and 0.47% away from the 50-day low.  

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