Boston, MA 05/24/2013 (wallstreetpr) – The share prices of Value Vision Media Inc. (NASDAQ:VVTV) had surged by 10.95 percent to close at $4.46 per share for the end of the last trading session. The shares of the company traded in the range of $3.97 per share to $4.48 per share during the day and further the 52 week high price level was adjusted to the new value of $4.48 per share by the last trading session. The 52 week low price level for the shares of Value Vision Media Inc. (NASDAQ:VVTV) is at $1.48 per share.
Value Vision Media Inc. (NASDAQ:VVTV) witnessed a heavy trading volume in the last trading session when nearly 1.28 million shares were exchanged hands, while the average trading volume for the company is 308,063 shares per day. Value Vision Media Inc. (NASDAQ:VVTV) is a media and entertainment company which is involved in the retail distribution of products and services through multi channel television networks.
The primary product exposure of Value Vision Media Inc. (NASDAQ:VVTV) is the television shopping network, ShopNBC which operates round the clock. The company distributes its shopping network through agreements with cable and satellite television providers and markets a wide range of products which include jewellery, watches, home, electronics, beauty, health, fitness, fashion and accessories.
Value Vision Media Inc. (NASDAQ:VVTV) presently holds 49.14 million shares outstanding and the institutional ownership in the company is 49 percent of its holdings. The average trading volume of the company is at 308,063 shares per day.
