There has not been any significant move in the TGI Solar Power Inc (OTCMKTS:TSPG) stock over the course of the past week. During the period, the stock has continued to trade within a range, however, that does not mean that there was no news about the company.
Trading Data
On Wednesday, TSPG stock fell 3.91% to $0.0061 with more than 30.34 million shares traded, compared to its average volume of 1.36 million shares. The stock has moved within a range of $0.0032 – 0.0086 after opening trading at $0.0032.
TGI Signs Strategic Alliance Agreement with ROOMFUL Co, Developers and Creators of Multiverse
As a matter of fact, the company was in the news on Wednesday after it announced that it had inked a Strategic Alliance Agreement with Roomful Co, one of the top ranking companies in the Metaverse space. It was also announced that the two companies are going to collaborate on the development of ADVENT GALAXY Metaverse.
The ADVENT GALAXY Metaverse is an online mirror of the Advent Smart City and this project could eventually prove to be a major one for TGI Solar Power. In this context, it is perhaps also necessary for investors to keep in mind that TGI Solar Power is a diversified company and has an interest in a range of businesses.
The company is primarily involved in the acquisition of innovative businesses as well as patented technologies among others and then works towards unlocking shareholder value from those. It now remains to be seen if the TGI Solar Power stock breaks out any time soon.
Technical Data
TSPG stock is trading below the 20-Day and 50-Day Moving averages of $0.0065 and $0.0071 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0084. The stock is up 148% in the past year.
