The significant growth in the blockchain industry in the past few years has resulted in major interest in many publicly listed blockchain based companies and in recent days, it is the Graph Blockchain Inc (OTCMKTS:REGRF) stock which has managed to record substantial gains.
Trading Data
On Tuesday, REGRF stock gained 1.85% at $0.0055 with more than 908k shares, compared to its average volume of 548k shares. The stock has moved within a range of $0.0183 – 0.0646 after opening the trade at $0.0183.
Latest News
After the company made a key announcement yesterday, the stock was on the radars of investors once again and over the past week, it has clocked gains of as much as 12%. It should also be kept in mind that it has performed quite strongly over the course of the past month and managed to deliver gains of 38%.
Yesterday the company announced that New World Inc, its fully owned subsidiary company, had submitted an application to the United States Patent and Trademark Office in relation to Geo-Pining of Augmented Reality Objects.
In this context, Graph Blockchain added that if it receives a patent pending status from the United States Patent and Trademark Office, then it is going to mark the initial step for getting patent protection for its product in the United States, European and Canadian markets. In this way, it is hopes that New World could eventually become an established player in the augmented reality platforms space.
Technical Data
REGRF stock is trading above the 20-Day and 50-Day Moving averages of $0.0498 and $0.0457 respectively. However, the stock is trading below the 200-Day moving average of $0.0874. The stock is up 37% in the past month.
