Volume Spike Investor

China Medical Technologies Inc. (NASDAQ: CMED) is seeing a surge in pre-market trading this Thursday morning. The company’s earnings report is the culprit. With about 40 minutes to go before the open, we have seen 95,000 shares trade hands and the market is putting shares above $38.00 and $39.00. The close yesterday was $33.44.

52-Week Trading Range: $26.12 to $57.50.

Average Volume: 437,000

OPTIONS: YES