Spot Check on Stocks With Abnormal Activity StealthGas Inc. (NASDAQ:GASS), Rand Logistics, Inc. (NASDAQ:RLOG)

Shares of StealthGas Inc. (NASDAQ:GASS) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $3.28 at the time of writing.  The day’s total volume of 446861 this morning is in contrast from the three-month daily average of 73.17K.  When we divide the current volume by the three-month average volume, we get a relative volume of 7.15.

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

StealthGas Inc. (NASDAQ:GASS)‘s market cap, the total dollar value of all of their outstanding shares, is 127.82m.  Including today’s unusual volume, StealthGas Inc.‘s stock is performing at -6.51% on the year.  For the week, the stock is performing 4.29%.  Over the past month the firm’s stock is 4.36%, 0.00% for the last quarter, -22.74% for the past six-months and -10.99% for the last year.

Current levels places StealthGas Inc. (NASDAQ:GASS)’s stock about -4.65% from the 50-day high and 13.10% away from the 50-day low.  

Rand Logistics, Inc. (NASDAQ:RLOG) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $0.29.  The day’s total volume of 3378396 this morning is in contrast from the three-month daily average of 1038.57K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.81.

Looking Back

Rand Logistics, Inc. (NASDAQ:RLOG)‘s market cap, the total dollar value of all of their outstanding shares, is 5.04m.  Including today’s unusual volume, Rand Logistics, Inc.‘s stock is performing at -66.62% on the year.  For the week, the stock is performing 0.73%.  Over the past month the firm’s stock is 6.95%, -22.10% for the last quarter, -56.03% for the past six-months and -67.79% for the last year.

Current levels places Rand Logistics, Inc. (NASDAQ:RLOG)’s stock about -52.06% from the 50-day high and 52.63% away from the 50-day low.  

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