It is often noticed that stocks end up recording enormous gains despite there being no news at all about the companies and such a rally was seen in the Ecosciences Inc (OTCMKTS:ECEZ) stock this past Friday. The stock was in the middle of a big move and ended the day with gains of 100%.
There has been no news about the company in many weeks but in order to get some sort of idea about Ecosciences it might be a good idea to perhaps take a look at the last important development about the company from back in July. Back on July 19 the company announced that the filing it had submitted to the OTC Markets for OTCIQ had been approved.
It is a key part of the process that is related to getting current status from the OTC Markets. Hence, it was a major development for Ecosciences and more importantly the company managed to send in its application prior to the deadline of September 2021 as well.
At the time, Ecosciences also thanked GW Holdings Group LLC for the financing support and went on to state that it was moving forward with its goal to get current status. While the happenings in July may not have been related to the rally, investors could keep an eye on the stock this week.