Unusual Volume Spotted in Century Casinos, Inc. (NASDAQ:CNTY) and P&F Industries, Inc. (NASDAQ:PFIN)

Century Casinos, Inc. (NASDAQ:CNTY) shares are seeing unusual volume mid-trading session today.  While the stock price moved along with the volume change, shares are touching $8.80.  The day’s total volume of 332019 this morning is in contrast from the three-month daily average of 127.68K.  When we divide the current volume by the three-month average volume, we get a relative volume of 2.99.

Century Casinos, Inc. (NASDAQ:CNTY)‘s market cap, the total dollar value of all of their outstanding shares, is 204.21m.  Including today’s unusual volume, Century Casinos, Inc.‘s stock is performing at 4.74% on the year.  For the week, the stock is performing -1.60%.  Over the past month the firm’s stock is -3.79%, 27.89% for the last quarter, 13.42% for the past six-months and 19.89% for the last year.

Current levels places Century Casinos, Inc. (NASDAQ:CNTY)’s stock about -7.37% from the 50-day high and 17.33% away from the 50-day low.  

Investors are on alert as P&F Industries, Inc. (NASDAQ:PFIN)’s stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $7.52.  The day’s total volume of 37455 this morning is in contrast from the three-month daily average of 5.12K. 

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

P&F Industries, Inc. (NASDAQ:PFIN)‘s market cap, the total dollar value of all of their outstanding shares, is 27.19m.  Including today’s unusual volume, P&F Industries, Inc.‘s stock is performing at -9.69% on the year.  For the week, the stock is performing -0.95%.  Over the past month the firm’s stock is 1.61%, 17.99% for the last quarter, 20.46% for the past six-months and -7.22% for the last year.

Current levels places P&F Industries, Inc. (NASDAQ:PFIN)’s stock about -5.48% from the 50-day high and 11.90% away from the 50-day low.  

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