-------------------------------------------------- EEGL (NASDAQ SC) EAGLE SUPPLY GROUP INC
-------------------------------------------------- VOLUME(+): EEGL Volume 426% > 20-adsv, Stock +27.00%
FRIDAY , APRIL 25, 2003 01:06 PM
This is the 1st VOLUME alert for EEGL in the past 7 calendar days.
Trading for Eagle Supply Group Inc (NASDAQ SC: EEGL) has been heavier than usual in today's session. By 13:05 ET, the stock had already traded 70,100 shares via 85 trades. The cumulative volume is 426.14% above its 20-day average of 13,323. Normally the stock experiences around 17 individual trades per session.
So far, today's volume surge has caused a net rise in EEGL's stock price. At the time of this alert, the stock was trading at $1.270, up $0.270 (+27.00%).
One year ago, the Company's shares closed at $3.650. The price has declined more than 65 percent since then.
Over the last 10 trading session EEGL has traded in a range between $0.790 and $1.240 and is currently trading 67.85% below its 52-week high of $3.950 set on May 06, 2002 and 104.84% above its 52-week low of $0.620 from February 25, 2003.
In the previous 3 sessions, EEGL trading has displayed a negative trend. Closing results have been as follows:
April 24, 2003 --- closed at $1.000 down $0.020 (-1.96%) on 44,300 shares April 23, 2003 --- closed at $1.020 down $0.070 (-6.42%) on 11,100 shares April 22, 2003 --- closed at $1.090 down $0.010 (-0.91%) on 46,100 shares
The Company last released news on February 14, 2003:
"Eagle Supply Group, Inc. Reports Second Quarter and Six Month Results"
EAGLE SUPPLY GROUP INC Eagle Supply Group, Inc. is a wholesale distributor of residential roofing and masonry supplies and related products in the United States. The Company sells primarily to contractors and subcontractors engaged in roofing repair and construction of new residences and commercial properties through its own distribution facilities and direct sales force. The Company's product mix is heavily weighted to roofing supplies and related products, with 87% of revenues derived from roofing products and 13% from masonry, drywall, and plywood products. The Company operates its business through two wholly-owned subsidiaries, Eagle Supply, Inc. and JEH/Eagle Supply, Inc. The Company operates a network of 33 distribution centers in 10 states, which consists of 11 locations in Texas, 9 in Florida, 5 in Colorado, 2 in Alabama, and one each in Illinois, Indiana, Minnesota, Mississippi, Missouri, and Nebraska. |