NNPP: Volume Spike; 7% > 20-adsv, Stock +18.18%
Friday , February 23, 2007 09:50ET
This is the 2nd VOLUME alert for NNPP in the past 7 calendar days.
Trading for Nano-Proprietary Inc (OTCBB: NNPP) has been heavier than usual in today's session. By 09:50 ET, the stock had already traded 181,900 shares via 63 trades. The cumulative volume is 6.80% above its 20-day average of 170,317. Normally the stock experiences around 78 individual trades per session.
So far, today's volume surge has caused a net rise in NNPP's stock price. At the time of this alert, the stock was trading at $1.690, up $0.260 (+18.18%).
One year ago, the Company's shares closed at $2.550. The price has declined more than 33 percent since then.
Over the last 10 trading session NNPP has traded in a range between $1.220 and $1.480 and is currently trading 36.94% below its 52-week high of $2.680 set on February 24,2006 and 83.50% above its 52-week low of $0.921 from November 09,2006.
In the previous 3 sessions, NNPP trading has displayed a mixed trend. Closing results have been as follows:
February 22, 2007 --- closed at $1.430 up $0.040 (+2.88%) on 68,340 shares
February 21, 2007 --- closed at $1.390 down $0.060 (-4.14%) on 134,200 shares
February 20, 2007 --- closed at $1.450 up $0.020 (+1.40%) on 255,300 shares
The Company has not released news in the past 30 days
NANO-PROPRIETARY INC
A nanotechnology company. Focuses efforts on research, proof of concept development for products, and licensing their technology to others.
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