Trader Alert: Unusual Volume Spotted in Phoenix New Media Limited (NYSE:FENG), and Limbach Holdings, Inc. (:LMB)

Phoenix New Media Limited (NYSE:FENG) shares are seeing unusual volume mid-trading session today.  While the stock price moved along with the volume change, shares are touching $2.76.  The day’s total volume of 275475 this morning is in contrast from the three-month daily average of 87.24K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.71.

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

Phoenix New Media Limited (NYSE:FENG)‘s market cap, the total dollar value of all of their outstanding shares, is 191.79m.  Including today’s unusual volume, Phoenix New Media Limited‘s stock is performing at -13.69% on the year.  For the week, the stock is performing 0.00%.  Over the past month the firm’s stock is 4.63%, -17.88% for the last quarter, -22.35% for the past six-months and -31.39% for the last year.

Current levels places Phoenix New Media Limited (NYSE:FENG)’s stock about -13.36% from the 50-day high and 13.37% away from the 50-day low.  

Investors are on alert as Limbach Holdings, Inc. (:LMB)’s stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $12.61.  The day’s total volume of 38533 this morning is in contrast from the three-month daily average of 12.61K. 

Looking Back

Limbach Holdings, Inc. (:LMB)‘s market cap, the total dollar value of all of their outstanding shares, is 89.54m.  Including today’s unusual volume, Limbach Holdings, Inc.‘s stock is performing at -14.18% on the year.  For the week, the stock is performing 2.02%.  Over the past month the firm’s stock is 2.11%, -6.64% for the last quarter, -12.95% for the past six-months and 33.85% for the last year.

Current levels places Limbach Holdings, Inc. (:LMB)’s stock about -3.00% from the 50-day high and 13.20% away from the 50-day low.  

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