HBSC: Volume Spike; 302% > 20-adsv, Stock +10.53%
FRIDAY , JULY 28, 2006 10:26 AM
This is the 2nd VOLUME alert for HBSC in the past 7 calendar days.
Trading for Human BioSystems (OTCBB: HBSC) has been heavier than usual in today's session. By 10:25 ET, the stock had already traded 696,400 shares via 90 trades. The cumulative volume is 301.67% above its 20-day average of 173,376. Normally the stock experiences around 12 individual trades per session.
So far, today's volume surge has caused a net rise in HBSC's stock price. At the time of this alert, the stock was trading at $0.210, up $0.020 (+10.53%).
One year ago, the Company's shares closed at $0.760. The price has declined more than 72 percent since then.
Over the last 10 trading session HBSC has traded in a range between $0.100 and $0.190 and is currently trading 79.61% below its 52-week high of $1.030 set on September 01,2005 and 110.00% above its 52-week low of $0.100 from July 19,2006.
In the previous 3 sessions, HBSC trading has displayed a mixed trend. Closing results have been as follows:
July 27, 2006 --- closed at $0.190 up $0.041 (+27.52%) on 609,700 shares
July 26, 2006 --- closed at $0.149 down $0.006 (-3.87%) on 153,400 shares
July 25, 2006 --- closed at $0.155 up $0.020 (+14.81%) on 417,500 shares
The Company last released news on July 28, 2006 (today):
"Market News First (mn1.com) to Interview Harry Masuda, CEO of Human BioSystems on HBSC's Breaking News"
HUMAN BIOSYSTEMS
Human BioSystems(formerly Hyperbaric Systems) has been a developmental stage company with operations related to medical research and discovery. The Company's objective has been to develop and provide a product that extends the shelf life and improves the quality of blood platelets and other biological material.
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