Monday , May 17, 2004 15:15 ET
This is the 1st VOLUME alert for BIPH in the past 7 calendar days.
Trading for Biophan Technologies Inc (OTCBB: BIPH) has been heavier than usual in today`s session. By 15:15 ET, the stock had already traded 717,700 shares via 256 trades. The cumulative volume is 60.69% above its 20-day average of 446,630. Normally the stock experiences around 155 individual trades per session.
So far, today`s volume surge has caused a net rise in BIPH`s stock price. At the time of this alert, the stock was trading at \$1.175, up \$0.145 (+14.08%).
One year ago, the Company`s shares closed at \$0.380. The price has gained more than 209 percent since then.
Over the last 10 trading session BIPH has traded in a range between \$0.940 and \$1.165 and is currently trading 28.79% below its 52-week high of \$1.650 set on January 12, 2004 and 3033.33% above its 52-week low of \$0.037 from December 08, 2003.
In the previous 3 sessions, BIPH trading has displayed a mixed trend. Closing results have been as follows:
May 14, 2004 --- closed at \$1.030 up \$0.040 (+4.04%) on 399,000 shares
May 13, 2004 --- closed at \$0.990 down \$0.020 (-1.98%) on 435,400 shares
May 12, 2004 --- closed at \$1.010 down \$0.050 (-4.72%) on 445,700 shares
The Company last released news on May 14, 2004:
" Biophan Announces Development of Breakthrough Long-Life Biothermal Battery"
BIOPHAN TECHNOLOGIES INC
Biophan Technologies, Inc. has been engaged in the healthcare industry. The Company has intentions to redesign and market pacemakers and other implantable life sustaining medical devices. The Company strives to make its developments compatible with types of imaging, such as MRI (magnetic resonance imaging), as well as, with other equipment using magnetic fields