Geometry Dash APK Hill Climb Racing APK
37.9 F
New York
Tuesday, February 7, 2023

Plyzer Technologies Inc (OTCMKTS:PLYZ) Gains Momentum on High Volume: Now What?

Must read

Is Tilray Inc (NASDAQ:TLRY) Stock a Good Buy After The Recent Fall?

The cannabis sector may have had a hard time not too long ago but over the course of the past months, the...

Sysorex Inc (OTCMKTS:SYSX) Stock Still Riding Big News

Investors are always drawn to stocks that make a big jump out of nowhere. So it's no surprise that Sysorex Inc (OTCMKTS:SYSX)...

88 Energy Limited Ltd (EEENF) Update: Continues Climbing on Significant Volume

Investors who might be looking for stocks that have made considerable gains in recent weeks could consider having a closer look at...

Victory Resources Corporation (OTCMKTS:VRCFF) Stock Rockets After Announcing A New Acquisition

Nowadays, lithium is in huge demand across several industries and hence, it the rally in the Victory Resources Corporation (OTCMKTS:VRCFF) stock the...

One of the more notable gainers this week on the OTC is Plyzer Technologies Inc (OTCMKTS:PLYZ). The stock was in focus among investors on Tuesday and rallied strongly on the back of massive trading volumes.

Key Drivers

Trading volume jumped to as much as 3 billion shares and consequently, the stock experienced a rise of as much as 150% on the back of such frenetic trading.

However, at the same time, it is also necessary to point out that there has been no material news about the company’s business over the course of the past week or so.

That being said, the latest rally in the stock could be a case of speculative investment with one eye on future announcements from Plyzer. The company is involved in providing clients with real-time data so that they can make important decisions quickly.

According to rumors, the platform created by Plyzer is apparently going to be used for tracking the price of cannabis in the United States and Canada. The tracking is going to help consumers in finding the best price for different cannabis products. Since it became clear that Joe Biden is all set to be the next President of the United States, the stock has been rallying strongly.

It is understandable since there is a widespread belief that a Democrat administration could be far more tolerant towards key cannabis legislation.

This effect has been seen in many other cannabis-related stocks as well over the past weeks. Last month the company had announced that it reached an agreement with a Canadian company named YYZBCN by way of which the latter was going to invest $2 million into a Plyzer subsidiary.

It is also important to point out that earlier in 2020, the company had also signed numerous deals with a range of companies including Vitae Health Innovation, Bayer Spain, and Heel among others. Stay tuned and sign up below for further updates on PLYZ and other breakout stocks.

Disclaimer: We hold no interest in PLYZ stock.

Latest article

Alibaba Group Holding Limited (OTCMKTS:BABAF) Big Volume with Possible 60% Upside

Alibaba Group Holding Limited (OTCMKTS:  BABAF) is an over the counter stock traded on the OTC Pink markets in the Consumer Discretionary...

Trans Global Group Inc (OTCMKTS:TGGI) Stock In Focus After Operational Updates

The Trans Global Group Inc (OTCMKTS:TGGI) stock may not have been in the news today yet but it...

Why Hycroft Mining (NASDAQ:HYMC) Stock Shot Up 700%

If you are on the hunt for stocks that may have made major gains over the course of the past week, then...

Secure Paymentz releases banking software demo on Github

This is a paid announcement from one of our advertising partners. How to Leverage Your Trading Position by Secure...

Advanced Asset Management Announces New Website Launch

This is a paid announcement from one of our advertising partners. Financial Planner in Grandville, Michigan
Şehirler arası nakliyat ve Şehirler arası taşımacılık konusunda en uygun fiyatlar ve en kaliteli hizmet.
ofis taşıma firmaları ve ofis taşıma konusunda en uygun fiyatlar ve en kaliteli hizmet. Affordable best sms verification service