Unusual Activity Sighted in Poage Bankshares, Inc. (NASDAQ:PBSK), and Town Sports International Holdings, Inc. (NASDAQ:CLUB) Shares

Shares of Poage Bankshares, Inc. (NASDAQ:PBSK) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $18.25 at the time of writing.  The day’s total volume of 17312 this morning is in contrast from the three-month daily average of 5.34K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.81.

Poage Bankshares, Inc. (NASDAQ:PBSK)‘s market cap, the total dollar value of all of their outstanding shares, is 63.49m.  Including today’s unusual volume, Poage Bankshares, Inc.‘s stock is performing at -2.39% on the year.  For the week, the stock is performing 1.10%.  Over the past month the firm’s stock is -4.92%, -6.14% for the last quarter, -2.13% for the past six-months and 7.56% for the last year.

Current levels places Poage Bankshares, Inc. (NASDAQ:PBSK)’s stock about -7.36% from the 50-day high and 6.10% away from the 50-day low.  

Town Sports International Holdings, Inc. (NASDAQ:CLUB) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $5.70.  The day’s total volume of 248937 this morning is in contrast from the three-month daily average of 59.76K.  When we divide the current volume by the three-month average volume, we get a relative volume of 4.89.

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

Town Sports International Holdings, Inc. (NASDAQ:CLUB)‘s market cap, the total dollar value of all of their outstanding shares, is 149.39m.  Including today’s unusual volume, Town Sports International Holdings, Inc.‘s stock is performing at 130.00% on the year.  For the week, the stock is performing 8.49%.  Over the past month the firm’s stock is 19.79%, 43.75% for the last quarter, 88.52% for the past six-months and 116.17% for the last year.

Current levels places Town Sports International Holdings, Inc. (NASDAQ:CLUB)’s stock about -3.00% from the 50-day high and 49.98% away from the 50-day low.  

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