Spot Check on Stocks With Abnormal Activity Diana Containerships Inc. (NASDAQ:DCIX), Boingo Wireless, Inc. (NASDAQ:WIFI)

Shares of Diana Containerships Inc. (NASDAQ:DCIX) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $0.45 at the time of writing.  The day’s total volume of 3107801 this morning is in contrast from the three-month daily average of 319.12K.  When we divide the current volume by the three-month average volume, we get a relative volume of 11.37.

Diana Containerships Inc. (NASDAQ:DCIX)‘s market cap, the total dollar value of all of their outstanding shares, is 0.41m.  Including today’s unusual volume, Diana Containerships Inc.‘s stock is performing at -99.69% on the year.  For the week, the stock is performing -56.64%.  Over the past month the firm’s stock is -95.78%, -98.14% for the last quarter, -99.69% for the past six-months and -99.79% for the last year.

Current levels places Diana Containerships Inc. (NASDAQ:DCIX)’s stock about -97.92% from the 50-day high and 39.34% away from the 50-day low.  

Boingo Wireless, Inc. (NASDAQ:WIFI) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $19.05.  The day’s total volume of 1692947 this morning is in contrast from the three-month daily average of 346.89K.  When we divide the current volume by the three-month average volume, we get a relative volume of 5.70.

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

Boingo Wireless, Inc. (NASDAQ:WIFI)‘s market cap, the total dollar value of all of their outstanding shares, is 595.54m.  Including today’s unusual volume, Boingo Wireless, Inc.‘s stock is performing at 23.87% on the year.  For the week, the stock is performing 0.73%.  Over the past month the firm’s stock is 2.37%, 11.27% for the last quarter, 32.46% for the past six-months and 71.59% for the last year.

Current levels places Boingo Wireless, Inc. (NASDAQ:WIFI)’s stock about 11.37% from the 50-day high and 32.90% away from the 50-day low.  

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