VOLUME(+): HRCT Volume 27% > 20-adsv, Stock +1.64%
MONDAY , JANUARY 05, 2004 10:50 AM
This is the 1st VOLUME alert for HRCT in the past 7 calendar days.
Trading for The Hartcourt Companies, Inc. (OTCBB: HRCT) has been heavier than usual in today's session. By 10:50 ET, the stock had already traded 272,900 shares via 24 trades. The cumulative volume is 26.67% above its 20-day average of 215,434. Normally the stock experiences around 41 individual trades per session.
So far, today's volume surge has caused a net rise in HRCT's stock price. At the time of this alert, the stock was trading at $0.620, up $0.010 (+1.64%).
One year ago, the Company's shares closed at $0.077. The price has gained more than 705 percent since then.
Over the last 10 trading session HRCT has traded in a range between $0.575 and $0.620 and is currently trading 44.64% below its 52-week high of $1.120 set on May 16, 2003 and 1027.27% above its 52-week low of $0.055 from February 18, 2003.
In the previous 3 sessions, HRCT trading has displayed a mixed trend. Closing results have been as follows:
January 02, 2004 --- closed at $0.610 up $0.020 (+3.39%) on 196,200 shares
December 31, 2003 --- closed at $0.590 even for the day on 182,600 shares
December 30, 2003 --- closed at $0.590 down $0.010 (-1.67%) on 273,200 shares
The Company last released news on December 16, 2003:
"Hartcourt Announces Acquisition of Beijing Challenger Group of Companies, Key Distributor of IBM Products"
THE HARTCOURT COMPANIES, INC.
The Hartcourt Companies, Inc. is an investment holding and corporate development company focusing on the acquisition of private companies within high-growth industries in China with the goal of building stronger businesses. The Company's business strategy is to bring together a group of complimentary companies, add substantial value in terms of financial restructuring, strategic planning and corporate governance to enable these subsidiaries to fully realize the value of their assets and become public companies.
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HRCT will show me the way to early retirement at 40. (I hope...LOL)
All that matters is family,, friendsDuring your journey through life if you see a person in need help them it will come back to you...
AI
