On Wednesday, the Endexx Corporation (OTCMKTS:EDXC) stock managed to make a bit of a recovery and ended up with gains of as much as 6% for the day. While the recovery made by the stock yesterday was quite strong, it should be noted that the Endexx stock is still down by as much as 5% over the past week.
Trading Data
On Wednesday, EDXC stock surged 6.31% to $0.0445 with more than 84k shares, compared to its average volume of 581K shares. The stock has moved within a range of $0.0400 – 0.0450 after opening trade at $0.0400.
BLESSWELL™ Now Available for Purchase at Select CVS Health Stores
The company is best known for its CBD laced men’s skin care and grooming products brand BLESSWELL and yesterday, it made an announcement with regards to the fact that three new facial products under the same brand have been made available.
The company announced that the products have been made available through the web store at www.CVS.com and also through some of the specific CVS Health outlets. The brand had been launched by the company back in May last year and the launch of three new products is an indication of the sort of traction that it may have achieved in this short period of time.
The optimism among investors with regards to the launch is another reason why it will be interesting to see if the Endexx stock can hold on to its momentum and add to its gains today.
Key Quote
“This is an incredible branding and expansion opportunity for BLESSWELLTM and its product line,” said Todd Davis, CEO of Endexx Corporation. “Having BLESSWELLTM products available at CVS for customers to purchase bolsters our national presence. We are honored to join forces with the retailer as they expand upon their health and wellness initiatives.”
Technical Data
EDXC stock is above the 20-Day and 50-Day Moving averages of $0.419 and $0.0454 respectively. However, the stock is trading below the 200-Day moving average of $0.0821. The stock is down 9% in the past month.
