NEW YORK (TheStreet) -- Patriot National Bancorp  (PNBK - Get Report) exploded more than 30% to a 52-week high of $2.38 on Thursday on heavier-than-average volume.

The stock, which averages a volume of just 9,966, suddenly soared to its new high in morning trading. More than 1.6 million shares had changed hands as of 3:13 p.m.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

PNBK Chart PNBK data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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