Wednesday, August 4, 2010

Low Price Stock on the Move: Morton's Restaurant 4% Higher (NYSE: MRT)

Morton's Restaurant (NYSE:MRT), a member of World Markets Media (WMM) Micro Cap Index, is one of today's best performing low-priced stocks, up 4% to $4.98 on 0x average daily volume.

As of this story being written, 2,000 shares have traded hands today vs. 30-day average volume of 81,000 shares. High volume often signals market interest in a stock or issue.
Morton's Restaurant shares are currently trading above their 200-day moving average (MA) of $4.73 and should find resistance at their 50-day MA of $5.46.

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 Morton's Restaurant (MRT).

Morton's Restaurant is in World Market's Restaurants industry and this industry is currently undervalued by WWM's Micro Cap industry metrics.

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