Wednesday, August 4, 2010

Traders Gobbling Up Shares of Pfsweb, Shares Up 2.5% (NASDAQ: PFSW)

Pfsweb (NASDAQ:PFSW), a member of World Markets Media (WMM) Nano Cap Index, is one of today's best performing low-priced stocks, up 2.5% to $3.30 on 0.2x average daily volume.

As of this story being written, 10,000 shares have traded hands today vs. 30-day average volume of 66,000 shares. High volume often signals market interest in a stock or issue.
Pfsweb shares are currently trading above their 50-day moving average (MA) of $3.17 and above their 200-day MA of $2.73.

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 Pfsweb (PFSW).

Pfsweb is in World Market's Business Outsourced Services industry and this industry is currently undervalued by WWM's Micro Cap industry metrics.

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