Over the course of the past days, the Advantego Corporation (OTCMKTS:ADGO) has been trading within a range and in this situation; it could be the right time for investors to perhaps take a closer look. There has been no new development about the company in recent days but it might be a good idea for investors to remember that last month the stock had suffered from a strong selloff.
It is interesting to know that even at that time there was no news about Advantego that could have led to the selloff. Hence, it might be a good move to perhaps take a look at the nature of the company’s business.
The company is involved in developing innovative items that are meant to plug demand gaps in select opportunities in certain markets. Advantego stated that it has the requisite expertise to identify diverse opportunities fairly quickly and then turn those into viable solutions and products.
The price action in the stock last month was a mystery and now that it is trading within a range, the Advantego stock can, at best, be kept in the watch lists by investors. It remains to be seen if any news emerges in the coming days.