Unusual Activity Sighted in The Goldfield Corporation (:GV), and Marine Petroleum Trust (NASDAQ:MARPS) Shares

Shares of The Goldfield Corporation (:GV) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $5.90 at the time of writing.  The day’s total volume of 837027 this morning is in contrast from the three-month daily average of 206.01K.  When we divide the current volume by the three-month average volume, we get a relative volume of 4.76.

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

The Goldfield Corporation (:GV)‘s market cap, the total dollar value of all of their outstanding shares, is 138.53m.  Including today’s unusual volume, The Goldfield Corporation‘s stock is performing at 8.82% on the year.  For the week, the stock is performing 11.00%.  Over the past month the firm’s stock is 35.37%, 14.43% for the last quarter, -21.28% for the past six-months and 100.36% for the last year.

Current levels places The Goldfield Corporation (:GV)’s stock about 5.36% from the 50-day high and 47.50% away from the 50-day low.  

Marine Petroleum Trust (NASDAQ:MARPS) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $3.76.  The day’s total volume of 19799 this morning is in contrast from the three-month daily average of 5.55K.  When we divide the current volume by the three-month average volume, we get a relative volume of 4.18.

Looking Back

Marine Petroleum Trust (NASDAQ:MARPS)‘s market cap, the total dollar value of all of their outstanding shares, is 7.30m.  Including today’s unusual volume, Marine Petroleum Trust‘s stock is performing at -16.86% on the year.  For the week, the stock is performing 0.27%.  Over the past month the firm’s stock is 4.21%, 1.39% for the last quarter, -24.28% for the past six-months and -7.53% for the last year.

Current levels places Marine Petroleum Trust (NASDAQ:MARPS)’s stock about -4.84% from the 50-day high and 21.06% away from the 50-day low.  

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