WEGI: Volume Spike; 21% > 20-adsv, Stock +4.35%
FRIDAY , MAY 25, 2007 12:00 PM
This is the 3rd 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 12:00 ET, the stock had already traded 116,200 shares via 21 trades. The cumulative volume is 21.35% above its 20-day average of 95,752. Normally the stock experiences around 22 individual trades per session.
So far, today's volume surge has caused a net rise in WEGI's stock price. At the time of this alert, the stock was trading at $0.240, up $0.010 (+4.35%).
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 $0.200 and $0.270 and is currently trading 48.94% below its 52-week high of $0.470 set on June 30,2006 and 200.00% above its 52-week low of $0.080 from December 12,2006.
In the previous 3 sessions, WEGI trading has displayed a negative trend. Closing results have been as follows:
May 24, 2007 --- closed at $0.230 down $0.009 (-3.77%) on 278,800 shares
May 23, 2007 --- closed at $0.239 down $0.001 (-0.42%) on 75,400 shares
May 22, 2007 --- closed at $0.240 down $0.002 (-0.83%) on 313,000 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.
