Vimpel-Communications (VIP)

[eastunder]

VIP: New 52-Wk Low @ $16.890 dn 17.21%

Monday , September 29, 2008 15:46ET

This is the 1st 52 WEEK LOW alert for VIP in the past 7 calendar days.

The share price for Vimpel Communications ADS (NYSE: VIP) reached a new 52-week low today, trading at $16.890, down $-3.510 (-17.21%) from its previous close of $20.400.

The Company's previous 52-week low of $17.000 was set 13 days ago on September 16, 2008.

Eleven months ago, the Company's shares closed at $28.020. The price has declined more than 39 percent since then.

At the time of this alert, the stock had traded 4,915,397 shares via 25,423 trades, 13.69% below it's 20day average of 5,694,765 shares.

This new 52-week low currently puts the stock:

21.46% below its 20day Moving Average of $21.506
27.47% below its 50day Moving Average of $23.287
37.89% below its 100day Moving Average of $27.195

The Company last released news on September 24, 2008:

"Registration and Licensing of GTEL-Mobile Completed"

VIMPEL COMMUNICATIONS ADS
The Company provides voice and data services through a range of wireless, fixed and broadband technologies.