Spot Check on Stock With Abnormal Activity Newtek Business Services Corp. (NASDAQ:NEWT)

Newtek Business Services Corp. (NASDAQ:NEWT) shares are seeing unusual volume mid-trading session today.  While the stock price moved along with the volume change, shares are touching $17.29.  The day’s total volume of 1177853 this morning is in contrast from the three-month daily average of 113.22K.  When we divide the current volume by the three-month average volume, we get a relative volume of 17.46.

Newtek Business Services Corp. (NASDAQ:NEWT)‘s market cap, the total dollar value of all of their outstanding shares, is 313.75m.  Including today’s unusual volume, Newtek Business Services Corp.‘s stock is performing at 13.14% on the year.  For the week, the stock is performing 1.30%.  Over the past month the firm’s stock is 1.87%, 8.70% for the last quarter, 14.29% for the past six-months and 27.95% for the last year.

Current levels places Newtek Business Services Corp. (NASDAQ:NEWT)’s stock about -4.79% from the 50-day high and 6.40% away from the 50-day low. 

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