Following were the most active stock buzzers on Tuesday. Keep an eye on these stocks this week.
Xcel Brands Inc (NASDAQ:XELB) stock continued to gain momentum in the previous trading session. The stock went up by 38.30% to $1.95 with more than 28.48 million shares traded hands, well above its average volume of 83k shares. The brand management and media company, whose labels include Isaac Mizrahi and Halston, didn’t appear to issue any press releases or securities filings on Tuesday. In August, Xcel said second-quarter revenue rose to $10.76 million from $5.05 million. The company’s annual meeting is scheduled for Nov. 18.
Baosheng Media Group Holdings Limited (NASDAQ:BAOS) was another active stock buzzer on Tuesday. The stock closed higher by 20% to $1.90 with more than 46.68 million shares traded hands, well above its average volume of 612k shares. There was no specific news for such a big move, however the stock is still down 78% so far this year. BAOS stock is trading above 34% from its 52-week low and 81% away from its 52-week high.
Check-Cap Ltd. (NASDAQ:CHEK) was one of the biggest percentage gainers on hefty volume. The stock surged 19% to close at $1.11 after hitting a session high of $1.31. The company announced that the United States Patent and Trademark Office (USPTO), has issued a decision to grant a patent covering C-Scan’s proprietary tracking technology.
Motus GI Holdings, Inc. (NASDAQ:MOTS) stock had a volatile session as the stock moved higher by 20.30% to $0.78 on hefty volume of 7.25 million shares, well above its average volume of 631K shares. The company is all set to report its third quarter financial results on Friday, November 12, 2021, before the market open.
Bit Brother Limited (NASDAQ:BTB) stock was another active buzzers as the stock surged 9% to close at $1.33. More than 2.24 million shares traded hands, compared to its average volume of 2.27 million shares. FAMI stock is trading above 79% from its 52-week low and 80% away from its 52-week high.
Allied Energy Corp. (OTCMKTS:AGYP) On a more speculative note AGYP deserves a look from investors as they have recently announced signing a new lease and also struck oil on their leased well sites located in Texas. Global energy prices are at 7 year highs. With the need for more domestic energy growing apparent, AGYP and its US based exploration projects may benefit. AGYP issued news Thursday that they have achieved production on the #1, #2, and #5 wells of the Gilmer Lease in Texas.
