Volume Spike Investor

Smithway Motor Xpress Trading Volume Jumps 700%

Shares of Smithway Motor Xpress (SMXC) spiked almost 8x the 3-month daily trading volume on Thursday, ending the day at $10 a share, down 0.50%.

There were no news releases or other significant events that could be detected.

Smithway provides short to medium distance transportation of diversified freight focusing primarily in flatbed operations. It primarily serves the central U.S.
states, and the southern provinces of Canada.

The company’s revenue and earnings have been increasing substantially over the last 3 years.

The company has a tiny market cap of only $50 million, and is near its 52 week high of $11.73.

Smithway Motor Xpress has made VSI’s Watch List.

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