Micro cap stocks make up a section of the stock market which is followed quite keenly by a large number of investors on a daily basis. One of the stocks that investors could take a look into at this point is that of Beyond Commerce Inc (OTCMKTS:BYOC).
Market Action:
On Tuesday, BYOC stock increased 15.94% at $0.0012 with more than 1.59 billion shares, compared to its average volume of 153.51 million shares. The stock has moved within a range of $0.0011 – 0.0014 after opening the trade at $0.0012.
Key Trigger
Yesterday, the stock suffered from a slight decline because of profit booking from investors but prior to that the Beyond Commerce had been in the middle of a strong upward move. It is now going to be interesting to see if the stock can make a quick recover and resume its northbound move today.
In this context it should be noted that the Beyond Commerce stock has come into the attention of some of the biggest penny stock and small cap traders in the market.
That is a significant factor behind the rally that had been seen in the stock in the past few days. On the other hand, the trading volume has also gone up considerably. In this regard, investors need to note that Beyond Commerce is currently valued at only around $12 million and experts believe that there is still plenty of room to grow. Hence, it is a stock that could be tracked in the coming days.
