SmartCard Marketing Systems Inc (OTCMKTS:SMKG) Stock Suddenly Soars 42%

If you are looking for a stock to analyse this morning, it might be the right time to take a look at the SmartCard Marketing Systems Inc (OTCMKTS:SMKG) stock.

Trading Data

On Friday, SMKG stock soared 42% at $0.0850 with more than 578k shares, compared to its average volume of 72k shares. The stock has moved within a range of $0.0640 – 0.0850  after opening trading at $0.0649.

Recent News

The company is involved in the metaverse space and offers a significant opportunity in that space as well as in stable coins to banks which are of middling size. This past Friday, the stock was in sharp focus among investors and ended the day with gains of as much as 42%. Hence, it might be the right time for investors to take a closer look into SmartCard Marketing Systems.

The company announced last Friday that it was currently working on its intellectual portfolio diligently so that it can eventually growth the business considerably. SmartCard Marketing Systems noted that it was engaged in growing the range of use cases for its intellectual property across a range of industries at this point in time. In addition to growing the use cases, SmartCard Marketing Systems is also trying to scale up its intellectual property to a fair degree so that it appeals to many industries. The company seeks to work with financial institutions as well as start-ups. It might be a stock to keep an eye on this week.