Laser sensing systems company DarkPulse Inc (OTCMKTS:DPLS) made an announcement with regards to a key launch but that did not have much of an effect on the stock and it continued to trade within a range.
Trading Data
On Wednesday, DPLS stock fell 5.06% at $0.0900 with more than 21.27 million shares, compared to its average volume of 33.90 million shares. The stock has moved within a range of $0.0893 – 0.1009 after opening the trade at $0.0979.
Launches Precise Point Fugitive Source Methane Emissions Detection Services
Yesterday the company announced that it had launched its new Precise Point Emissions Services product. The company claimed that the product offers ‘around the block’ or ‘around the world’ capabilities to the users. The launch of the new product marks an important milestone for Dark Pulse but it didn’t seem that investors were particularly thrilled with the whole thing.
In this regard, it is important for investors to note that Dark Pulse has made a lot of progress over the past months and one of the more important products that the company owns at this point its methane detection platform. It is a platform that can help in detecting any methane leaks and show the data quite promptly. While it is true that the stock may be trading within a range, it might still be a good move for investors to keep the Dark Pulse stock in their watch lists at this point in time.
Key Quote
“The Biden Administration announced intentions to limit methane leaks from approximately one million oil & gas sites across the United States. The Whitehouse also announced its intention to restore previous regulations to prevent methane leaks from oil and gas wells across the U.S.,” stated DarkPulse Chairman & CEO Dennis O’Leary. “ President Biden’s recent Press Release promises to heavily regulate methane, a potent greenhouse gas. DarkPulse’s group of companies have been building an integrated methane detection service and today the Company announces the launch of its global methane detection service offerings utilizing UAV “eye in the sky” systems allowing platform integration with government and local municipalities monitoring services.”
Traders Corner
DPLS stock is trading above the 20-Day and 200-Day Moving averages of $0.0895 and $0.0608 respectively. However, the stock is trading below 50-Day moving average of $0.0990. The stock is up 285% in the past 6-month.
