Tuesday, September 30, 2008 3:42:48 PM
Monday , September 29, 2008 15:46ET
This is the 1st 52 WEEK LOW alert for VIP in the past 7 calendar days.
The share price for Vimpel Communications ADS (NYSE: VIP) reached a new 52-week low today, trading at $16.890, down $-3.510 (-17.21%) from its previous close of $20.400.
The Company's previous 52-week low of $17.000 was set 13 days ago on September 16, 2008.
Eleven months ago, the Company's shares closed at $28.020. The price has declined more than 39 percent since then.
At the time of this alert, the stock had traded 4,915,397 shares via 25,423 trades, 13.69% below it's 20day average of 5,694,765 shares.
This new 52-week low currently puts the stock:
21.46% below its 20day Moving Average of $21.506
27.47% below its 50day Moving Average of $23.287
37.89% below its 100day Moving Average of $27.195
The Company last released news on September 24, 2008:
"Registration and Licensing of GTEL-Mobile Completed"
VIMPEL COMMUNICATIONS ADS
The Company provides voice and data services through a range of wireless, fixed and broadband technologies.
"It was the best of times, it was the worst of times; it was the age of wisdom, it was the age of foolishness;
-- Charles Dickens
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