Abnormal Price Movement Spotted In Shares Of (AMEX: SAND)

AMEX (AMEX: SAND): traded higher by 15.13% or $0.74/share to $5.63. In the past year, the shares have traded as low as $4.87 and as high as $15.43. On average, 653862 shares of SAND exchange hands on a given day and today's volume is recorded at 972794. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $7.07 area but be careful because the stock may face selling pressure at this level.