THURSDAY , JULY 31, 2003 10:52 AM
This is the 1st 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 10:50 ET, the stock had already traded 625,600 shares via 160 trades. The cumulative volume is 12.95% above its 20-day average of 553,885. Normally the stock experiences around 120 individual trades per session.
So far, today's volume surge has caused a net decline in HRCT's stock price. At the time of this alert, the stock was trading at $0.810, down $-0.080 (-8.99%).
Eleven months ago, the Company's shares closed at $0.065. The price has gained more than 1146 percent since then.
Over the last 10 trading session HRCT has traded in a range between $0.580 and $0.920 and is currently trading 27.68% below its 52-week high of $1.120 set on May 16, 2003 and 1660.87% above its 52-week low of $0.046 from September 23, 2002.
In the previous 3 sessions, HRCT trading has displayed a positive trend. Closing results have been as follows:
July 30, 2003 --- closed at $0.890 up $0.160 (+21.92%) on 2,083,700 shares July 29, 2003 --- closed at $0.730 up $0.085 (+13.18%) on 1,308,400 shares July 28, 2003 --- closed at $0.645 up $0.035 (+5.74%) on 304,800 shares
The Company last released news on July 21, 2003:
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