From Knobias
Tuesday , February 28, 2006 13:25 ET
This is the 3rd VOLUME alert for NMKT in the past 7 calendar days.
Trading for NewMarket Technology Inc (OTCBB: NMKT) has been heavier than usual in today's session. By 13:25 ET, the stock had already traded 1,834,600 shares via 105 trades. The cumulative volume is 42.63% above its 20-day average of 1,286,260. Normally the stock experiences around 75 individual trades per session.
So far, today's volume surge has caused a net rise in NMKT's stock price. At the time of this alert, the stock was trading at $0.333, up $0.010 (+3.10%).
Eleven months ago, the Company's shares closed at $0.600. The price has declined more than 44 percent since then.
Over the last 10 trading session NMKT has traded in a range between $0.268 and $0.329 and is currently trading 48.77% below its 52-week high of $0.650 set on March 07,2005 and 44.78% above its 52-week low of $0.230 from November 08,2005.
In the previous 3 sessions, NMKT trading has displayed a positive trend. Closing results have been as follows:
February 27, 2006 --- closed at $0.323 up $0.022 (+7.31%) on 2,772,500 shares
February 24, 2006 --- closed at $0.301 up $0.001 (+0.33%) on 1,279,400 shares
February 23, 2006 --- closed at $0.300 up $0.027 (+9.89%) on 3,238,400 shares
The Company last released news on February 28, 2006 (today):
"NewMarket Technology Inc. Announces New Board of Director Member, Hugh G. Robinson, Former Chairman of Federal Reserve Bank of Dallas and U.S. Army Major General (Ret.)"
NEWMARKET TECHNOLOGY INC
NewMarket Technology Inc is in the business of developing market entry technology products and services into early and mainstream technology products and services. The Company specializes in the integration of emerging communication technologies and the marketing of the services enabled through those technologies.
Public Companies Associated with this story:
NMKT
Knobias Subject Codes Associated with this story:
Technical Analysis VOLUME(+)
Content transmitted by Knobias.com Copyright © 2006
