IJP Corporation (OTCMKTS:IJJP) Stock Gains 8% In a Week: But Why?

In the past week, the IJP Corporation (OTCMKTS:IJJP) stock has been in the middle of a strong move and has managed to clock gains of as much as 8% during the period. In this situation, it could be the right move for investors to start taking a serious look at the company and figure out if the rally is going to continue or not.

Trading Data

On Monday, IJJP stock ended flat at $0.0018 with more than 97.41 million shares, compared to its average volume of 19.64 million shares. The stock has moved within a range of $0.0018 – 0.0025 after opening trade at $0.0019.

Latest News

Yesterday, the company had actually come into focus after it emerged that it had been successful with regards to the deployment of eCETP. The deployment had actually been completed back on January 26, 2022.

However, that is not all and a lot work is still to be accomplished. IJP Corporation noted that work with regards to the addition of software integrations from third parties are scheduled to take place in February and March of this year.

Despite the fact that the work is still pending, it is not going to stop IJP Corporation from going ahead with the Mandatory Training Program. It was a major announcement from the company and it is something that could prove to be a positive trigger for the IJP Corporation stock over the course of the coming days.

Technical Data

IJJP stock is trading below the 20-Day and 50-Day Moving averages of $0.0019 and $0.0018 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0030.