Astra Energy Inc (OTCMKTS:ASRE) Stock Surges 30% In a Week: What’s The Buzz?

Investors are nowadays increasingly looking to get into stocks which are involved in the renewable energy sector and if you are looking into such stocks then it may be the right time to start tracking the Astra Energy Inc (OTCMKTS:ASRE) stock.

Trading Data

On Thursday, ASRE  stock ended flat at $0.90 with more than 10 shares, compared to its average volume of 361 shares. The stock has moved within a range of $0.9000 – 0.9000 after opening trade at $0.90.

Establishes Itself in Africa Investing in Clean and Renewable Energy Projects

The company, which is involved in renewable energy and waste to energy projects in addition to technology acquisitions, has attracted the attention of investors in a big way over the past week. During the period, the stock has managed to clock gains of as much as 30% and it now remains to be seen if the stock can manage to end the week strongly today.

Yesterday, the company was in the news once against after it announced that it had launched a series of joint venture for the purpose of development and deployment of energy transforming projects targeted at the African market.

The company noted that these joint ventures are aimed at creating an ecosystem that can help in fulfilling the rising demand for sources of renewable energy in Africa. The company noted that it had taken significant steps in its quest to develop path breaking renewable energy projects. It may be a good time to add the stock to your watch lists.