There has not been any news with regards to InCapta Inc (OTCMKTS:INCT) for a long time but that did not stop the company’s stock from going on a major rally over the course of the past week. As investors piled on to it, the InCapta stock managed to clock gains of as much as 50% over the past week.
Trading Data
On Friday, INCT stock ended flat at $0.0003 with more than 57.63 million, compared to its average volume of 250.06 million shares. The stock has moved within a range of $0.0002 – 0.0003 after opening trade at $0.0003.
Latest News
The last time any news emerged about InCapta was back in January this year when the company provided an update with regards to its growth plans. InCapta announced that it was going to complete the filing of all its past and future billings to the OTC Markets in order to get standing in order.
The company also pointed out that at the time that it believed that it was the best way in which it could keep the shareholders as well as the wider public informed about the latest events at InCapta. Once it is added to the OTC Markets, the company is going to be have one place in which all the updates with regards news, financials and filings are going to be made available. It now remains to be seen if the InCapta stock can manage to hold on to its momentum this morning.
Technical Data
INCT stock is trading below the 20-Day and 50-Day Moving averages of $0.0003 and $0.0004 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0009. The stock is down 5% in the past month.
