Trans Global Group Inc (OTCMKTS:TGGI) has continued to be on the radars of plenty of investors despite there being no news at all about the company. The stock has continued to make a powerful upward move over the course of the past week and yesterday, it hit a fresh high amidst heavy action.
In the past week, the stock has managed to clock gains of as much as 155%. Considering the sheer magnitude of the gains made by the Trans Global stock and the absence of any material news, it could be a good move to take a look at the nature of the company’s business.
The company operates through its subsidiaries and is involved in the renewable energy and solar energy sector. At this point, renewable energy is a sector that has generated significant interest among investors due to the policy push from the United States government.
The company is best known for manufacturing a range of products which help in reducing the energy consumption of both businesses as well as home owners. While it is true that the current rally in the Trans Global stock remains a bit of a mystery, investors could do well to keep an eye on the news with regards to the company.
