Small cap catching a bid on strong volume before earnings (NYSEMKT:MEET)

by Josh
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MeetMe ($MEET) is trading on very strong volume today. MeetMe is up 6.00% at $2.02 on a volume of 4,380,190 shares. That’s already 6 times the normal daily volume (over the past 50 days) of 736,184 shares.

MeetMe ($MEET) reports tomorrow after the market closes.

52 Week Range $1.07-$4.31
Market Cap 77,780,583
Average Volume 736,184
Dividend Yield 0.00%
Institutional Ownership 46.00%
Insider Ownership: 43.50%
Percentage of Float Short 9.90%
Beta 1.75

MeetMe MeetMe Inc is a social network for meeting new people in the US and the public market leader in social discovery. It makes meeting new people through fun social games and apps, monetized by both advertising and virtual currency.

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