Two Hands Corporation (OTCMKTS:TWOH) Stock Sees Continuous Sell-Off: Down 45% in a Week

Two Hands Corporation (OTCMKTS:TWOH) fell 15% in the last session, and the stock is down 45% in a week.

Trading Data

On Monday, TWOH stock fell 15.40% to $0.0011 with more than 462.06 million shares, compared to its average volume of 166.53 million shares. The stock has moved within a range of $0.0007 – 0.0011 after opening trading at $0.0011.

Two Hands Corporation Shareholder Update

The company has announced that as it finalizes its first year of operations for, it has attained other milestones, including growing the grocery category to more than 2,700 items, expanding the customer base to more than 1,000 expanding delivery and delivery to six days a week to meet customer demand.Additionally, the company is calibrating its business model to focus mainly on food service and retail channels. Two Hands Corp’s capabilities have enabled it to serve growing student grocery programs for two leading universities in the Toronto area.

Next year, the company plans to expand the program and bring it to additional colleges and universities in Ontario with more than 100,000 students. Also, going into 2022, the company will expand Vaughan Ontario as the second distribution site and addition of an exclusive products line. Therefore, investors should watch TWOH.

Technical Data

TWOH stock is trading below the 20-Day and 50-Day Moving averages of $0.0019 and $0.0023 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0028. The stock is up 54% in the past month.