This morning investors are going to look into stocks which managed to start the week with strong performance and one stock that is likely to come on to the radars of most investors is the American Power Group Corporation (OTCMKTS:APGI) stock.
Trading Data
On Monday, APGI stock soared 50% to $$0.0300 with 750 shares, compared to its average volume of 74.64k shares. The stock has moved within a range of $ 0.0300 – 0.0300 after opening trade at $0.03.
Launches Low Carbon V6000 Dual Fuel Demo Truck Program For Class 8 Heavy Haul Vehicles
The stock was in considerable yesterday among investors after it announced that it had launched its APG’s truck demonstration initiative. The news came as a source of considerable optimism for investors and the stock soared by as much as 50% yesterday amidst heavy interest from investors. It may now be a good time for investors to take a closer look at the development.
The programme in question is going to offer Class 8 truck operators with the opportunity to test the V6000 Dual Fuel Technology from American Power Group Corporation in its routes and operations.
The possibilities of such an initiative could be considerable and may even lead to a spate of new business for American Power Group Corporation. Hence, it is easy to see why investors may have been excited about the news. At this point in time, it may be a good idea for investors to add the stock to their watch lists.
Technical Data
APGI stock is trading above the 20-Day and 50-Day Moving averages of $0.0237 and $0.0234 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.0214. The stock is up 21% in the past month.
