Shares of LRAD Corp (NASDAQ: LRAD), a broadcasting equipments manufacturer, has experienced a considerable change in their values during the past few trading sessions. The stock has registered gains of more than 8% touching its new intraday 52-week highs in each of the past two trading sessions with significant number of shares exchanging hands. During the last trading session, LRAD was among the top gainers in the U.S. technology sector after rising 8.3% and closed at its 52-week high of $2.87 while recording significant volumes of 1.1 million shares. Moreover, in the past 5-trading sessions, LRAD has surged 47.2% while recording daily average trading volumes of 747,573 shares, while the stock accumulated over 46% in the last one month with daily average trading volume of 64,814 shares. The stock is up 53% year-to-date.
Company Description:
LRAD Corp (NASDAQ: LRAD) develops, produces, and licenses its sound technology and proprietary intellectual property. The company develops engineering sound solutions for the commercial, government, and military markets.
1-Year Stock Chart:
Source: Bloomberg
