Gold Rock Holdings Inc (OTCMKTS:GRHI) Stock Went Up 44% Last Week: Here is Why

There were some notable movers last week and many of those stocks are likely to come into focus this week again as well. One of the stocks to have managed to record significant gains last week was that of Gold Rock Holdings Inc (OTCMKTS:GRHI).

Trading Data

On Friday, GRHI stock ended flat at $0.0362 with more than 958 shares, compared to its average volume of 29.6k shares. The stock has moved within a range of $0.0362 – 0.0362 after opening trade at $0.0252.

Recent News

The stock was in considerable focus last week and managed to clock gains of as much as 44% during the period. That being said, it is also necessary to keep in mind that there was no news about the company that may have led to such a rally. As a matter of fact, the last time that the company was in the news was back on August 30, 2021.

At the time, Gold Rock Holdings Inc had announced that its Form 10 filing had become effective and no additional comments had been made by the United States Securities and Exchange Commission.

Due to that development, the company had become subject to all the usual rules and regulations that have been laid down by the Securities and Exchange Commission. Those rules also pertain to the filings of the financial reports in every quarter and for the year. It might be a good idea to keep an eye on the stock today.