MindBeacon Holdings Inc. (OTCMKTS:MBCHF) Stock In Focus After Proving Key Updates

Shares of MindBeacon Holdings Inc. (OTCMKTS:MBCHF) jumped in the previous trading session.

Trading Data

On Monday, MBCHF stock ended flat at $3.03 with more than 200 shares, compared to its average volume of 303 shares. The stock has moved within a range of $3.0324 – 3.0324 after opening trade at $3.03.       

MindBeacon Provides Updates Regarding Organizational Activities

One of the industry leaders on digital mental and behavioral health therapy, MindBeacon Holdings Inc. (OTCMKTS:MBCHF), has announced updates regarding several of their marketing and business initiatives on December 13, 2021.

The company has added several new customers that include a major North American beverage company, a well-known Canadian university, a Fortune Global 500 multinational professional services company, and others. The Ontario Centre of Innovation also awarded a grant to MindBeacon, for improving mental health support in primary care settings.  They continue to expand into the US with its acquisition of Nevada based Harmony Healthcare. The company has engaged Gina Nicola and Nancy Tinsley, of GNE, to help with their growth in the US after the recent Harmony Healthcare acquisition.

In other news, MindBeacon and artisan tea retailer, Genuine Tea, are collaborating to promote advantages of practicing the concept “me time” over a cup of tea. The company has even announced a partnership with research-driven biopharmaceutical company Boehringer Ingelheim (Canada) on World Psoriasis Day to provide access to MindBeacon’s Guided CBT Program for those living with Generalized Pustular Psoriasis (GPP).

MindBeacon is also supporting LCBO, one of the world’s largest retailers of beverage alcohol, to ensure Ontarians drink responsibly via the Managing Alcohol Use Guided CBT Program.

Technical Data

MLGCF stock is trading in the neutral zone as RSI stands at 36. MLGCF stock is trading below the 20-Day and 50-Day Moving averages of $0.0874 and $0.0831  respectively. The stock is down 2% in the past month.