iPass (NASDAQ:IPAS), a member of World Markets Media (WMM) Micro Cap Index, is one of today's poor performing low-priced stocks, down 1.6% to $1.20 on 0.2x average daily volume.
As of this story being written, 101,000 shares have traded hands today vs. 30-day average volume of 421,000 shares. High volume often signals market interest in a stock or issue.
iPass shares should find initial support at their 200-day moving average (MA) of $1.17 and further support at their 50-day MA of $1.15.
World Markets Media specializes in bringing news and information on small and micro and nano cap coverage to its community of users on a daily basis. Today's volume action might signal a time to look further into iPass (IPAS).
iPass is in World Market's Internet Software & Services industry and this industry is currently undervalued by WWM's Micro Cap industry metrics.
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