There have been many stocks which have performed strongly over the course of the past week but the rally in the Trans Global Group Inc (OTCMKTS:TGGI) stock has been particularly intriguing.
The strong momentum in the stock continued yesterday as it clocked gains of as much as 70% and thereby took its gains for the past week to as much as 145%. Such gains are almost certainly going to bring the stock on to the radars of many investors. However, at the same time, it should be noted that there has been no news about the company in recent times that could have brought about such a rally.
Hence, the rally is certainly of an intriguing nature. In this situation, it might perhaps be a good idea to take a look at the company’s business. The company is involved in the solar energy and renewable energy sectors and it goes without saying that those are sectors which have been in sharp focus among investors in recent times. Trans Global primarily conducts its operations through a range of subsidiaries and helps individuals home owners as well as businesses in lowering their carbon foot print.
