Micro cap stocks have a considerable following in the market and it is not surprising considering the fact that these stocks can often deliver enormous gains within a short period of time.
Trading Data
On Wednesday, GOFF stock soared 60.50% to $0.3050 with 1.70 million shares, compared to its average volume of 445k shares. The stock has moved within a range of $0.2000 – 0.3050 after opening trade at $0.20.
Key Updates
One of the micro-cap stocks that investors could look into this morning is that of Goff Corp (OTCMKTS:GOFF). The Goof Corp stocks had clocked gains of as much as 60% on Wednesday amidst heavy interest and thereby managed to stretch its gains to as much as 90% over the past week. The rally in the stock came about after the company announced on Twitter that the OTC Markets had informed Goff Corp had provided it with an update.
The company announced that OTC Markets indicated the stock was going to be out of expert market after the close of the markets on Monday. That was a significant piece of new for the company since it was an indicated that Goff Corp was compliant with the rules of the OTC Markets and would be sending press releases to that effect soon after.
At this point in time, it might be a good idea for investors to consider adding the stock to their watch lists so as to keep an eye on the latest developments.
Technical Data
GOFF stock is trading above the 20-Day and 50-Day Moving averages of $0.17 and $0.15 respectively. Moreover, the stock is above 200-Day moving average of $0.12. The stock is up 92% in the past week.
