Sprout AI Inc (OTCMKTS:BYFMF) Stock Moves Up 6% In a Week: But Why?

Investors are nowadays quite interested in the fast growing artificial intelligence sector and are increasingly on the lookout for suitable stocks. One of the stocks from the sector that investors could consider looking into is that of Sprout AI Inc (OTCMKTS:BYFMF).

Trading Data

On Tuesday, BYFMF stock ended flat at $0.1084 with more than 1.7k shares traded, compared to its average volume of 47k shares. The stock has moved within a range of $0.1084 – 0.1084 after opening trading at $0.0769.

Recent News

Over the course of the past week, the stock has moved strongly and managed to bring in gains to the tune of as much as 6%. As it happens, the stock was in the news on Tuesday and it may be a good idea for investors to perhaps take a look into it a bit more closely.

The company announced yesterday that it had submitted a patent in relation to the latest version of the indoor vertical cultivation habitat technology. It goes without saying that it was a major announcement from the company and one that could bring the stock into significant focus among investors over the course of the coming days. The new patent filed by the company portrays Sprout AI as a unique collection of systems. It might now be a good move for investors to add the stock to their watch lists and watch for the movements over the coming days.