(EMAILWIRE.COM, July 12, 2010 ) Cheyenne, WY - The last value at which Zoom Technologies Inc (NASDAQ:ZOOM) stock traded is 4.800, up by 0.090 or 1.91 trading on a volume of 39,718. The stock opened at 4.840. The daily high stood at 4.990 and the low lies at 4.740. Zoom Technologies Inc is a company from China that manufactures mobile phones and other electronic products and mobile devices. It has been announced by the company that Nollec Wireless, the subsidiary of ZOOM has signed up a non-binding memorandum involving an understanding with Datang Capital Management (Beijing) Company, Ltd. ("Datang Capital"). The memorandum also declares that Datang Capital will be investing Rmb 10 million which comes down to US$1.5 million (approx) into Nollec Wireless. The average volume lies at 45,500. The 52-week high lies at 14.200 and the 52-week low lies at 1.260.
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