The advanced technology platform outfit Cyberlux Corporation (OTCMKTS:CYBL), which is best known for providing LED lighting, was in major focus among investors on Tuesday.
On Tuesday, CYBL stock soared 43.69% at $0.0296 with more than 69.12 million shares, compared to its average volume of 128.21 million shares. The stock has moved within a range of $0.0201 – 0.0296 after opening trade at $0.0206.
Issues Monthly Recap with Key Accomplishments for the Month of November 2021
The stock saw considerable action and ended up with gains of as much as 44%. It is quite likely that the stock is going to be in focus among investors this morning as well. Hence, it may be a good move to take a look at the update provided by Cyberlux yesterday with regards to the main achievements of the company in 2021. In the update provided by the company, Cyberlux noted that the company had managed to surpass its own projections for the fourth month straight.
In addition to that, the company pointed out that November 2021 was the third month on the trot in which Cyberlux managed to surpass its forecasts in terms of revenues. More importantly, the performance from the company in the month of November was the best November that the company ever had in its history.
The revenues for the month stood at $1509,267 and that managed to surpass the previously announced projection of $110,000 for the month comfortably. Can the stock add to its gains today? Investors could consider keeping an eye on the Cyberlux stock today.
CYBL stock is trading below the 20-Day and 50-Day Moving averages of $0.0301 and $0.0398 respectively. However, the stock is trading above the 200-Day moving average of $0.0157. The stock is up 29% in the past week.