Although Luminart Corp. (PINK:LUMP) has not been among the most prolific news providers recently, LUMP stock has somehow managed to keep its market value above the MA (50) for quite a while now.
Last Friday, LUMP edged up $0.01, or 12.5%, to $0.09 per share, its third rise out of the last four sessions and highest close for the last 52 weeks. Shifting 392 thousand shares, LUMP scored a 359% improvement over the daily average trading volume. Prior to Friday’s session, LUMP made another 23-percent jump in value.
Luminart Corp. specializes in the development of proprietary skin making products. Until 2004, the company used to be a registered SEC filer.
According to the latest interim financial report, LUMP’s balance sheet a/o Nov. 30, 2011 shows:
- $212,635 in cash and equivalents;
- working capital deficit of approx. $1.3 million;
- 11-month revenue of $862,699 and net income of $217,758 generated for the same period.
