Wave Systems Corp. (fka WAVXQ)

[Fullmoon]

Shares of Wave Systems Corp (NASDAQ: WAVX)

http://www.americanbankingnews.com/2011/01/10/wave-systems-corp-nasdaq-wavx-posts-large-volume-increase-hits-4-48/

saw unusually high trading volume on Monday. Approximately 1.972 million shares changed hands during mid-day trading. During the most recent quarter, the stock had an average daily volume of 437,603 shares. The stock last traded at $4.48.

Wave Systems Corp. (Wave) develops, produces and markets products for hardware-based digital security, including security applications and services that are complementary to and work with the specifications of the Trusted Computing Group (TCG), an industry standards organization consisted of computer and device manufacturers, software vendors and other computing products manufacturers. Specifications developed by the TCG are designed to address a range of digital security issues. These issues include identity protection, data security, digital signatures, electronic transaction integrity, platform trustworthiness, network security and regulatory compliance.

Wave Systems Corp (NASDAQ: WAVX) traded up 12.97% during mid-day trading on Monday. The stock has a 52 week low of $1.65 and a 52 week high of $4.75. Its 50-day moving average is $3.31 and its 200-day moving average is $2.79. The company has a market cap of $367.7 million