A-Power Energy Generation Systems, Ltd. (PINK:APWR
, APWR message board
) has been gathering momentum since the start of the year.
The stock chart clearly shows that both volume and share price has been rising this month.
Cumulatively for the mentioned period, the stock has climbed up from $0.27 to $0.47.
The price of $0.47 per share was reached in the last trading session after APWR surged 30.56% on a volume of 438 thousand shares.
The traded volume was more than four times higher than the daily average which is 98 thousand shares.
On Jan. 9, a press releases popped up on the OTC Markets Bulletin Board which announced that the company's vice president, director and interim CFO Michael Zhang had resigned with effect on January 6, 2012.
The news didn't affect the trading of the company's shares on the open market as no price movement was registered on the same day.