The Cyprus Cement Public Company rises 7.1 per cent on high volatility

The Cyprus Cement Public Company rises 7.1 per cent on high volatility
17 August 2010


The Cyprus Cement Public Company traded between an intraday low of 29 cents and a high of 30 cents, suggesting a trading opportunity between peaks and troughs. The stock price jumped two cents (or 7.1 per cent) to close at 30 cents. Compared with the FTSE/CySE 20 Index, which rose 3.6 points (or 0.8 per cent) on the day, this was a relative price change of 6.3 per cent.

Relativities: today its percentile rank in the Cypriot market was 89. In the Cypriot market of 28 stocks traded today, the stock has a 6-month relative strength of 21 indicating it is trailing 79 per cent of the market.

Volume: there were 10,600 shares worth €3180 (US$4,085.3) traded. The volume was 1.5 times average trading of 7297 shares.
Published under Cement News