OMCT: Volume Spike; 297% > 20-adsv, Stock +13.95%
Wednesday, November 24, 2004 15:15 ET
This is the 1st VOLUME alert for OMCT in the past 7 calendar days.
Trading for OmniCorder Technologies, Inc (OTCBB: OMCT) has been heavier than usual in today's session. By 15:15 ET, the stock had already traded 147,900 shares via 30 trades. The cumulative volume is 297.21% above its 20-day average of 37,235. Normally the stock experiences around 9 individual trades per session.
So far, today's volume surge has caused a net rise in OMCT's stock price. At the time of this alert, the stock was trading at $0.980, up $0.120 (+13.95%).
One year ago, the Company's shares closed at $0.080. The price has gained more than 1125 percent since then.
Over the last 10 trading session OMCT has traded in a range between $0.750 and $0.990 and is currently trading 80.40% below its 52-week high of $5.000 set on March 03, 2004 and 68.97% above its 52-week low of $0.580 from October 14, 2004.
In the previous 3 sessions, OMCT trading has displayed a mixed trend. Closing results have been as follows:
November 23, 2004 --- closed at $0.860 up $0.050 (+6.17%) on 93,190 shares
November 22, 2004 --- closed at $0.810 up $0.060 (+8.00%) on 35,200 shares
November 19, 2004 --- closed at $0.750 down $0.020 (-2.60%) on 41,270 shares
The Company last released news on November 22, 2004:
"OmniCorder Appoints Hon. Joseph F. Lisa as Chairman of the Board and Elects Michael A. Davis, M.D., D.Sc., as New Director"
OMNICORDER TECHNOLOGIES, INC
OmniCorder Technologies, Inc. is a developer of medical imaging applications using advanced infrared focal plane arrays. The Company provides imaging technology for clinicians and researchers for drug discovery, disease detection and disease management applications.
Source: Knobias.com
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