Just more good news:
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Zoltek Stk At 52-Week High; New Production
Lines Cited
Dow Jones Newswires
By Janet Morrissey
NEW YORK (Dow Jones)--Zoltek Cos. (ZOLT) stock shot to a 52-week
high Tuesday as the company gears up to begin commercial production of carbon fiber on five new production lines.
The stock hit a 52-week high of 48 7/8, passing the high of 45 3/8 set Friday. Recently, it was up 2 3/4, or 6.1%, to 47 3/4 on Nasdaq volume of 565,200, compared with average daily volume of 189,400.
By stepping up the number of production lines to six from one, the company's annual production of carbon fiber will rise to 8.5 million pounds from 3.5 million pounds, said Daniel Greenwell, Zoltek's chief financial officer.
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excerpt from Wall Street Journal.
... david ... |
