Over the course of the past week, the JPX Global Inc (OTCMKTS:JPEX) stock has managed to gain a lot of traction from among investors and during that period, it has delivered gains of as much as 17%. In light of such significant gains, it may be a good time for investors to consider taking a closer look into it.
Trading Data
On Tuesday, JPEX stock fell 1.50% to $0.0298 with more than 27.32 million shares, compared to its average volume of 28.45 million shares. The stock has moved within a range of $0.0273 – 0.0317 after opening trade at $0.0300.
Recent News
As it happens, the company was in the news yesterday after it announced that it had launched the product VeeShield Cloud Security. It is the very first security product offering from the VeeMost and it goes without saying that it was a major announcement for all intents and purposes.
The company also announced that the product is going to be made available in three different packages, Pro, Cloud hybrid and Pro+. However, it should be noted that in this initial launch, the company is making the product available to only the corporate clients that it has on its books at this point.
Eventually the product is going to be made widely available to home users as well as enterprise users. The company stated that it would make an announcement with regards to the wider launch soon.
Technical Data
JPEX stock is above the 20-Day and 50-Day Moving averages of $0.0295 and $0.0266 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.0161.
