Information Services Group Inc. (III) Moves Lower on Volume Spike for February 06

Equities Staff  |

Information Services Group Inc. (III) traded on unusually high volume on Feb. 06, as the stock lost 0.24% to close at $4.12. On the day, Information Services Group Inc. saw 92,303 shares trade hands on 493 trades. Considering that the stock averages only a daily volume of 29,067 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $4.63 and $2.95 over the last 52-weeks, its 50-day SMA is now $4.24, and its 200-day SMA $3.95. Information Services Group Inc. has a P/B ratio of 2.8.

Information Services Group Inc provides technology insights, market intelligence and advisory services.The Company provides four lines of service: Research, Consulting and Managed Services and Events.

Headquartered in Stamford, CT, Information Services Group Inc. has 1,300 employees and is currently under the leadership of CEO Michael P. Connors.

For a complete fundamental analysis analysis of Information Services Group Inc., check out Equities.com’s Stock Valuation Analysis report for III.

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To get more information on Information Services Group Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: III’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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