Freeze Tag (OTCMKTS:FRZT) Stock Gains Momentum: Jumps 15%

As the trading week winds down, investors are still going to be in front of their trading screens this morning and looking for stocks which may have recorded handsome gains yesterday.

One of the stocks that could come into focus is that of Freeze Tag (OTCMKTS:FRZT), which is involved in the development of social mobile games. The stock was in sharp focus yesterday after a key announcement and saw its stock soar by as much as 15% as a consequence.

Trading Data

On Thursday, FRZT stock soared by 15% to $0.0172 with more than 6.14k shares, compared to its average volume of 69k shares. The stock has moved within a range of $0.0172 – 0.0172 after opening trade at $0.0172.     

Sip Saratoga Launches Charity SantaCON With Eventzee

The company noted that Sip Saratoga is going to launch a holiday themed charity bar crawl in the city of Saratoga Springs in New York.

The event is going to be launched on December 18, 2021 and it goes without saying that it was a significant announcement for the company, considering that the Eventzee scavenger hunt app is going to be deployed. During the course of the event, the participants are going to take part in a scavenger hunt and at the same time, they are going to be exploring bars in the area as part of the bar crawl. In light of the latest gains, it might be a good time to add the Freeze Tag stock to your watch lists for today.

Key Quote

“We’re so excited to be part of this year’s SantaCON,” said Craig Holland, CEO of Freeze Tag, “Not only is this event so much fun, but it’s also a great way to get the community engaged in a fundraiser that will help local citizens, which is especially important around the holidays!” 

Technical Data

FRZT stock is trading in the neutral zone as RSI stands at 45. FRZT stock is trading below the 20-Day and 50-Day Moving averages of $0.179 and $0.0220 respectively. The stock is down 14% in the past month.