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NTLI (NASDAQ SC) NTL INC
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VOLUME(-): NTLI Volume 25% > 20-adsv, Stock -3.17%
FRIDAY , APRIL 25, 2003 12:26 PM
This is the 5th VOLUME alert for NTLI in the past 7 calendar days.
Trading for NTL Inc (NASDAQ SC: NTLI) has been heavier than usual in today's session. By 12:25 ET, the stock had already traded 424,100 shares via 688 trades. The cumulative volume is 25.15% above its 20-day average of 338,869. Normally the stock experiences around 535 individual trades per session.
So far, today's volume surge has caused a net decline in NTLI's stock price. At the time of this alert, the stock was trading at $18.650, down $-0.610 (-3.17%).
Seven months ago, the Company's shares closed at $6.650. The price has gained more than 180 percent since then.
Over the last 10 trading session NTLI has traded in a range between $9.940 and $19.350 and is currently trading 28.27% below its 52-week high of $26.000 set on January 15, 2003 and 432.86% above its 52-week low of $3.500 from November 04, 2002.
In the previous 3 sessions, NTLI trading has displayed a positive trend. Closing results have been as follows:
April 24, 2003 --- closed at $19.260 up $3.210 (+20.00%) on 1,637,700 shares
April 23, 2003 --- closed at $16.050 up $1.260 (+8.52%) on 831,300 shares
April 22, 2003 --- closed at $14.790 up $0.870 (+6.25%) on 1,058,600 shares
The Company last released news on March 26, 2003:
"NTL Incorporated Invites the Investment Community to Its 4th Quarter 2002 Financial Results Conference Call"
NTL INC
NTL Incorporated, through its subsidiaries, owns and operates broadband communications networks for telephone, cable television, and internet services in the United Kingdom, Ireland, France and Switzerland. The Company also owns and operates transmission networks for television and radio broadcasting in the United Kingdom. In addition, the Company also has strategic investments in broadband cable operations in Germany and Sweden.