Wednesday, August 4, 2010

Rodman & Renshaw Capital Group: Stock To Watch: Down 2.7% (NASDAQ: RODM)

Rodman & Renshaw Capital Group (NASDAQ: RODM), a member of World Markets Media (WMM) Micro Cap Index, is one of today's poor performing low-priced stocks, down 2.7% to $2.51 on 0.3x average daily volume.

As of this story being written, 52,000 shares have traded hands today vs. 30-day average volume of 165,000 shares. High volume often signals market interest in a stock or issue.
Rodman & Renshaw Capital Group shares are currently trading below their 50-day moving average (MA) of $3.01 and below their 200-day MA of $3.90.

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 Rodman & Renshaw Capital Group (RODM).

Rodman & Renshaw Capital Group is in World Market's Investment Banking & Brokerage industry and this industry is currently undervalued by WWM's Micro Cap industry metrics.

No comments:

Post a Comment