HRCT THE HARTCOURT COMPANIES, INC.
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VOLUME(+): HRCT Volume 51% > 20-adsv, Stock +4.83%
FRIDAY , JANUARY 09, 2004 02:10 PM
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 14:10 ET, the stock had already traded 368,300 shares via 50 trades. The cumulative volume is 50.81% above its 20-day average of 244,209. Normally the stock experiences around 50 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 $0.629, up $0.029 (+4.83%).
One year ago, the Company's shares closed at $0.070. The price has gained more than 798 percent since then.
Over the last 10 trading session HRCT has traded in a range between $0.575 and $0.635 and is currently trading 43.84% below its 52-week high of $1.120 set on May 16, 2003 and 1043.64% 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 08, 2004 --- closed at $0.600 even for the day on 150,800 shares
January 07, 2004 --- closed at $0.600 down $0.030 (-4.76%) on 353,900 shares
January 06, 2004 --- closed at $0.630 even for the day on 264,400 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)
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AI
