A stock may trade in a range but if there is any specific news about the company then it may be a good move for investors to take a look into it. After all, the stock might eventually break out and that is why, investors could consider taking a look at the HIRE Technologies Inc (OTCMKTS:HIRRF) stock this morning.
Trading Data
On Monday, HIRRF stock ended flat at $0.1787 with more than 1k shares traded, compared to its average volume of 368 shares. The stock has moved within a range of $0.1787 – 0.1787 after opening trading at $0.1787.
HIRE Technologies Commences Trading on OTCQB Exchange
The company, which is involved in the digitisation and modernisation of the human resources solutions space, announced yesterday that its common shares would start trading with the ticker symbol HIRRF on the OTCQB Venture Market.
The listing on a new exchange is a significant development for the company and although it did not lead to any move in the stock yesterday, it is going to be interesting to see if the HIRE stock manages to make a move or not.
In this context, it is perhaps also necessary to point out that the stock is going to continue to trade on the TSX Venture Exchange and is going to go by the ticker symbol HIRE. At this point in time, it might be a good idea for investors to keep the stock in their watch lists.
Key Quote
“We are excited that HIRE has been listed on the OTCQB as this will allow us to reach more US investors,” said Simon Dealy, HIRE’s Chief Executive Officer. “Increasing accessibility and liquidity, especially in the US market, is another step towards achieving our investor relations objectives. We look forward to strengthening our relationships with US investors and highlighting the Company’s growth opportunities in the massively fragmented and growing USD $500+ billion(1) staffing market.”
