WEGI: Volume Spike; 174% > 20-adsv, Stock -1.65%
TUESDAY , MAY 22, 2007 12:45 PM
This is the 1st VOLUME alert for WEGI in the past 7 calendar days.
Trading for Windswept Environmental Group Inc (OTCBB: WEGI) has been heavier than usual in today's session. By 12:45 ET, the stock had already traded 213,900 shares via 25 trades. The cumulative volume is 174.15% above its 20-day average of 78,022. Normally the stock experiences around 21 individual trades per session.
So far, today's volume surge has caused a net decline in WEGI's stock price. At the time of this alert, the stock was trading at $0.238, down $-0.004 (-1.65%).
One year ago, the Company's shares closed at $0.290. The price has declined more than 17 percent since then.
Over the last 10 trading session WEGI has traded in a range between $0.240 and $0.280 and is currently trading 49.36% below its 52-week high of $0.470 set on June 30,2006 and 197.50% above its 52-week low of $0.080 from December 12,2006.
In the previous 3 sessions, WEGI trading has displayed a mixed trend. Closing results have been as follows:
May 21, 2007 --- closed at $0.242 down $0.018 (-6.92%) on 59,370 shares
May 18, 2007 --- closed at $0.260 even for the day on 133,300 shares
May 17, 2007 --- closed at $0.260 down $0.005 (-1.89%) on 48,560 shares
The Company has not released news in the past 30 days
WINDSWEPT ENVIRONMENTAL GROUP INC
Through its wholly-owned subsidiaries, Trade-Winds Environmental Restoration Inc. and North Atlantic Laboratories, Inc., provides a full array of emergency response, remediation and disaster restoration services to a broad range of clients.