Those who are looking for stocks which may have recorded strong gains over the course of the past few days could consider taking a closer look at the GTX Corp (OTCMKTS:GTXO) stock. It has been a strong performer and the trend continued on Wednesday as the stock ended the day with gains of 11%.
Trading Data
On Wednesday, GTXO stock gained 11.11% to $0.0130 with more than 2.93 million shares, compared to its average volume of 1.03 million shares. The stock has moved within a range of $0.0120 – 0.0170 after opening trade at $0.0122.
TX Corp becomes Authorized Sales Partner of Opu Labs and begins Selling Early Screening COVID Test
The rally in the stock yesterday took the cumulative gains for the past week to as much as 28%. The company is one of the pioneering outfits in the wearable GPS space for human health and safety space. Yesterday, the company came into focus among investors after it announced that started the sales as well as distribution of its COVID 19 screening tests for those who are asymptomatic.
It was a major announcement from the company considering the fact that the demand for such tests are still rising. It is a non-invasive test and has displayed accuracy levels of as much as 96.8%. It is a convenient tests that declares the results immediately and an individual does not need to visit a lab in order to get tested. It is perfect for screen purposes as homes, officer and educational institutions among others.
Key Quote
“GTX’s experience and success marketing PPE including antibody and antigen test kits, makes them a perfect partner for us to address the urgent need for early screening. To date 85% of COVID-19 cases experience the partial loss of smell in days 1-3, as opposed to the other symptoms emerging in days 5-9. The virus and variants gather in the olfactory gland’s receptors and can be early detected using smell tests,” stated Marc Bookman, Opu Labs CEO.
Technical Data
GTXO stock is trading below the 50-Day and 200-Day Moving averages of $0.0145 and $0.0194 respectively. However, the stock is trading above the 200-Day moving average of $0.0126. The stock is down 2% in the past month.
