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HRCT THE HARTCOURT COMPANIES, INC.
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VOLUME(+): HRCT Volume 17% > 20-adsv, Stock +4.08%
THURSDAY , APRIL 03, 2003 09:51 AM
This is the 4th 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 09:50 ET, the stock had already traded 192,400 shares via 15 trades. The cumulative volume is 16.55% above its 20-day average of 165,080. Normally the stock experiences around 25 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 $0.102, up $0.004 (+4.08%).
One year ago, the Company's shares closed at $0.155. The price has declined more than 34 percent since then.
Over the last 10 trading session HRCT has traded in a range between $0.065 and $0.100 and is currently trading 58.37% below its 52-week high of $0.245 set on April 12, 2002 and 121.74% above its 52-week low of $0.046 from September 23, 2002.
In the previous 3 sessions, HRCT trading has displayed a mixed trend. Closing results have been as follows:
April 02, 2003 --- closed at $0.098 up $0.008 (+8.89%) on 193,300 shares
April 01, 2003 --- closed at $0.090 even for the day on 315,700 shares
March 31, 2003 --- closed at $0.090 up $0.008 (+9.76%) on 390,100 shares
The Company last released news on April 01, 2003:
"Hartcourt Added 2 Independent Directors to Its Board"
THE HARTCOURT COMPANIES, INC.
The Hartcourt Companies, Inc. is a holding and development enterprise that is building a broad network of Internet, media, and telecommunication companies in Greater China. In partnership with leading Chinese entrepreneurs and government-sponsored entities, the Company is developing and investing in emerging technologies while building an integrated commercial framework for its subsidiaries and their partners. The Company's business strategy is designed to establish a market-leading position as well as facilitate a series of venture divestitures via IPO or public mergers in its five main business divisions. The five business divisions are: HuaQing Group, Sinobull Financial Group, Media Services Group, E-learning Group and Hartcourt Capital.
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