The web analytics industry has grown at an impressive pace in recent times and one of the well-known companies from the industry is Fastbase Inc (OTCMKTS:FBSE). The company is also involved in providing big data services to its clients.
Trading Data
On Friday, FBSE stock ended flat at $5.13 with more than 1 shares, compared to its average volume of 53 shares. The stock has moved within a range of $5.13 – 5.13 after opening trade at $5.13.
Fastbase Big Data Revolutionizing Sales and Marketing for Small Businesses
There has not been any recent news about the company and it was trading within a range on Friday. However, at the same time, it is necessary for investors to keep in mind that Fastbase is involved in an industry that could well be a behemoth in the future and hence, it could be a good idea to take a closer look.
In recent years, many experts have stated that data could be to this century what oil was to the previous one and hence, companies like Fastbase could be in the forefront of a massive industry. It presents a huge business opportunity and there is significant potential for a company which is involved in providing and processing huge amounts of data.
The company seeks to help businesses of all sizes with their data needs so that it is possible to work out the future trends and make business plans accordingly. It might be the right time for investors to track the Fastbase stock.
Key Quote
The CEO of Fastbase, Rasmus Refer said: “We have seen in the last couple of years how big data was leveraged in the fight against the pandemic: tracking people’s movements, early warning of high-risk areas and screening of asymptomatic potential infections. Big data is equally valuable in the business environment. It can revolutionize sales and marketing. Our vision is to help small companies grow larger. Providing them with the benefits of big data is our way of helping them achieve that growth.”
