This is the 2nd VOLUME alert for STKR in the past 7 calendar days.
Trading for StockerYale, Inc. (NASDAQ NM: STKR) has been heavier than usual in today's session. By 13:35 ET, the stock had already traded 243,598 shares via 88 trades. The cumulative volume is 264.97% above its 20-day average of 66,744. Normally the stock experiences around 61 individual trades per session.
So far, today's volume surge has caused a net decline in STKR's stock price. At the time of this alert, the stock was trading at $0.602, down $-0.108 (-15.21%).
One year ago, the Company's shares closed at $1.610. The price has declined more than 62 percent since then.
Over the last 10 trading session STKR has traded in a range between $0.660 and $1.000 and is currently trading 68.32% below its 52-week high of $1.900 set on February 23,2007 and 8.79% below its 52-week low of $0.660 from January 11,2008.
In the previous 3 sessions, STKR trading has displayed a negative trend. Closing results have been as follows:
January 11, 2008 --- closed at $0.710 down $0.020 (-2.73%) on 147,000 shares January 10, 2008 --- closed at $0.730 down $0.030 (-3.97%) on 40,300 shares January 09, 2008 --- closed at $0.760 down $0.004 (-0.50%) on 43,180 shares
The Company last released news on January 09, 2008:
"StockerYale, Inc. Announces Medical Market Focus and Business Development Strategy for 2008"
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.