Laser sensing systems company DarkPulse Inc (OTCMKTS:DPLS) seems to have come back in favour among investors once again and yesterday, the stock attracted considerable attention.
Trading Data
On Monday, DPLS stock jumped 9.11% at $0.0982 with more than 16.77 million shares, compared to its average volume of 34.02 million shares. The stock has moved within a range of $0.0930 – 0.1000 after opening the trade at $0.1000.
Subsidiary, Optilan, Open New State-of-the-Art U.K. Headquarters
Yesterday, the DarkPulse stock ended the day with gains of 9% and that took its gains for the past week to as much as 30%. Yesterday, the company announced that it had managed to secure the leases in relation to a total of two new plants in Warwickshire, United Kingdom along with its subsidiary company Optilian. Optilian is one of the leaders in the communications and security systems integrating spaces.
In this context, DarkPulse also added that the leases on the two facilities located in the United Kingdom are another indication of its commitment to technology and innovation. DarkPulse and Optilian have leased a new manufacturing plant in the United Kingdom.
In addition to that, it has also leased another property, which is going to function as its headquarters in the United Kingdom. Considering the fact that the company is planning to expand meaningfully in a new market, it might have led to a certain degree of optimism among investors. It remains to be seen if the stock can manage to hold on to its momentum.
Key Quote
Bill Bayliss, Chief Executive Officer of Optilan, said “Optilan’s new U.K. HQ and manufacturing facility are an important investment that opens a new chapter in Optilan’s history. This next step is part of the transformation of our group to provide a U.K. head office that reflects its values and strategy. A space where the future is brought about as a result of increased collaboration. Our colleagues here at Optilan are the pillar of our success. For this reason, we have set our sights on providing a work environment with enhanced facilities that keep pace with our aspirations to embrace innovation and progressive thinking with everything we do. The fit-out is due to commence shortly before welcoming our employees to the new office.”
Technical Data
DPLS stock is trading above the 20-Day and 200-Day Moving averages of $0.0889 and $0.0599 respectively. However, the stock is trading below 50-Day moving average of $0.1010. The stock is up 425% in the past 6-month.
