There is considerable following for micro-cap stocks among a large chunk of investors due to the simple reason that those stocks can often deliver enormous gains in a short period of time. One of the micro-cap stocks that could be worth tracking at this point in time is that of PHI Group Inc (OTCMKTS:PHIL).
Trading Data
On Monday, PHIL stock jumped 4.50% at $0.0070 with more 126.55 million shares, compared to its average volume of 182.20 million shares. The stock has moved within a range of $0.0066 – 0.0070 after opening trade at $0.0067.
Recent Developments
The stock has been in the middle of a steady upward move in recent days and over the course of the past week it has managed to deliver gains of as much as 6%. While the gains may not be particularly big, it should be noted that the PHI Group stock is one of the most actively traded stocks from among micro caps at this point.
At this point in time, the PHI Group stock is significantly popular and has also managed to emerge as one of the most searched stocks online. In recent times, the company has accomplished stellar work with its subsidiary funds.
However, in addition to that, the leadership at PHI Group has also put in a lot of work in order to make the company ‘Pink Current’. That was a significant achievement and may have been one of the reasons behind the stock’s popularity.
