Shares of eCrypt Technologies Inc (OTC BB: ECRY), a company engaged in the business of providing encryption services and
software that secures the transmission of, storage of and access to digital
information, recorded over 8% gains during each of the past two consecutive
trading sessions with a significant number of shares exchanging hands. ECRY was the top performer in the U.S. technology sector after gaining 18.8% and closed at $0.51 Monday, while recording significant trading volumes of 5.3 million shares. Recently, Cicada Security Technology Inc. (CST) announced with its marketing alliance partner Ecrypt Technologies, Inc. (OTC BB: ECRY), the addition of Cicada II to its Cicada line of data privacy technologies, which would empower ECRY to deliver an enhanced security visibility by assuring that the data secured by ECRY is protected against exposure due to all levels of threat, both at the physical and logical levels. During the past 5-trading sessions, ECRY gained 47.4% with daily average trading volumes of 6.3 million shares, while the stock accumulated 215.6% gain during the past one month with daily average trading volumes of 2.7 million shares. The stock is up 267.3% year-to-date.
Company Description:
eCrypt Technologies, Inc. (OTC BB: ECRY) developed and markets software that encrypts emails sent to and from a popular personal data assistant (PDA).
1-Year Stock Chart:
Source: Bloomberg
