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UCSY UNIVERSAL COMMUNICATION SYSTEMS INC

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UCSY: Volume Spike; 18% > 20-adsv, Stock +20.69%

MONDAY , APRIL 05, 2004 10:00 AM

This is the 1st VOLUME alert for UCSY in the past 7 calendar days.

Trading for Universal Communication Systems Inc (OTCBB: UCSY) has been heavier than usual in today`s session. By 10:00 ET, the stock had already traded 1,520,700 shares via 20 trades. The cumulative volume is 17.95% above its 20-day average of 1,289,260. Normally the stock experiences around 38 individual trades per session.

So far, today`s volume surge has caused a net rise in UCSY`s stock price. At the time of this alert, the stock was trading at $0.070, up $0.012 (+20.69%).

One year ago, the Company`s shares closed at $0.055. The price has gained more than 27 percent since then.

Over the last 10 trading session UCSY has traded in a range between $0.056 and $0.072 and is currently trading 71.43% below its 52-week high of $0.245 set on June 26, 2003 and 133.33% above its 52-week low of $0.030 from May 06, 2003.

In the previous 3 sessions, UCSY trading has displayed a mixed trend. Closing results have been as follows:

April 02, 2004 --- closed at $0.058 down $0.002 (-3.33%) on 1,073,000 shares
April 01, 2004 --- closed at $0.060 even for the day on 2,043,900 shares
March 31, 2004 --- closed at $0.060 even for the day on 329,900 shares

The Company last released news on April 01, 2004:

"Universal Communication Systems, Inc. Enters Into a Major Joint Venture Agreement With Chinese Government Company to Establish AirWater and PV Solar Energy Operations in China"

UNIVERSAL COMMUNICATION SYSTEMS INC
Universal Commucications Systems, Inc. is a global holding organization with several diverse operational subsidiaries. The Company`s range of activities include: BroadBand Wireless Internet Provision, currently operational in Lima Peru, Water from Air production, and an energy saving solar industry.
 
aus der Diskussion: 300% Kurspotenzial bei Universal Communication
Autor (Datum des Eintrages): heikekarina  (05.04.04 18:16:22)
Beitrag: 29 von 208 (ID:12659051)
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