Boatim Inc. (OTCMKTS:BTIM) was up 19% after introducing new features to the Boat International Marketplace. Consumers may now use the Marketplace to find boats available for sale at each listed marina.
Trading Data
On Tuesday, BTIM stock soared 19.46% to $0.2980 with more than 44k shares, compared to its average volume of 21K shares. The stock moved within a range of $0.2500 – 0.3330 after opening trade at $0.2490.
Boatim’s Newest Tool Connects Boaters With Marinas
Also, every marina that registers on Boatim.com has access to Boatim’s patented technology expert digital tools, which allow them to communicate directly with vendors, boaters, and tenants, list services available, and boost revenue without paying the high search engine optimization (SEO) costs that they are accustomed to.
The addition of the marina search feature comes after numerous recent enhancements to the Marketplace’s functionality and performance. There are over 6,600 boats for offer on the Marketplace, 2,000 licensed marinas, and more than 17,000 enterprises associated with those marinas.
Boatim estimates that around 45 percent of its users are now based in the United States and Canada, after commencing its drive into the North American Marketplace last year. Boatim is continuing to evaluate its mobile applications to meet user demand. So investors should watch BTIM.
Technical Data
BTIM stock is trading below the 20-Day and 50-Day Moving averages of $0.1981 and $0.1967 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.2761.
