Extreme Vehicle Battery Technologies Corp (OTCMKTS:CRYBF) Stock In Focus After Recent Development

There has been a number of stocks which have recorded significant declines over the course of the past few days and one of those was the Extreme Vehicle Battery Technologies Corp (OTCMKTS:CRYBF) stock.

Trading Data

On Monday, CRYBF stock fell 4.44% to $0.1269 with more than 880K shares, compared to its average volume of 586k shares. The stock has moved within a range of $0.1022 – 0.1399 after opening trade at $0.1022.

Daymak Streams Unveiling Event, Featuring EV Battery Tech’s IONiX Pro Custom Battery System

Yesterday, the company saw its stock suffer from a selloff yet again and ended the day with a decline of 4%. The decline on Monday took its decline for the past week to as much as 13%. The decline in the stock on Monday came about after Extreme Vehicle Battery Technologies, along with its partner IONIX Pro Battery Technologies, made a major announcement yesterday.

In the joint statement, the company announced that the launch of its Spiritus Electric Vehicle will be live streamed by DayamkAvvenire Inc, another of its partners. It was an important announcement from the company and it might be a good idea for investors to keep an eye on the developments as well.

The live stream had taken place yesterday and had been made available to viewers at 2 in the afternoon Eastern Standard Time. Despite the fall in the stock price in recent times, it could be a good move to track the stock and see if it can bounce back soon.

Technical Data

CRYBF stock is trading below the 20-Day and 50-Day Moving averages of $0.14 and $0.16 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.22. The stock is down 14% in the past month.