Analytical Surveyes gets Nasdaq warning |
|
|
|
Published
:
Sat, 20 Jan 2007 00:45
|
SAN ANTONIO (AFX) - Analytical Surveys Inc., which provides data and management services for oil and gas exploration, said Friday the Nasdaq Stock Market has informed the company its shares remain subject to delisting because of the low price of its common stock.Nasdaq first notified the company in July that its common stock would have to list at over $1 for 30 consecutive days to be in compliance with Nasdaq rules. Nasdaq granted the company 180 days to remedy the situation, but the company's stock has not yet met the requirement.Analytical Surveys has requested a hearing with Nasdaq's qualifications panel and requested an extension to continue listing on the exchange.Shares of Analytical Surveys Inc. fell 3 cents, or 5.2 percent, to close at 55 cents on the Nasdaq.Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
|
|
|
|
Print this Story
S&P takes Agilent rating off watch 