Product development company Kronos Advanced Technologies Inc (OTCMKTS:KNOS) could be one of the stocks on the watch lists of many investors today considering the fact that it had clocked gains of as much as 6% yesterday.
Trading Data
On Tuesday, KNOS stock moved up 5.95% to $0.0232 with 85k shares, compared to its average volume of 491k shares. The stock moved within a range of $0.0210 – 0.0240 after opening trade at $0.0210.
Kronos Patent Pending Graphene Masks Revealed by Independent Lab as World’s Most Effective Providing 99.9% Viral and Bacterial Filtration Efficacy
The company is mainly involved in products that disinfect and filter indoor air. Yesterday, Kronos Advanced Technologies announced the test results that it had received from Nelson Labs. In the report it was revealed that the company’s products managed to demonstrate considerable enhanced bacterial filtration efficiency and it performed equally well on the viral filtration efficiency.
The product in question that had been put under the test was the Graphene Mask that had been development by Kronos Advanced. It is a significant development for the company considering the fact that even though the coronavirus pandemic has waned, the usage of face masks is going to be continue for the foreseeable future.
At this point in time, it may be a good idea for investors to keep the Kronos Advanced stock in their watch lists and watch out for further developments. It is also going to be interesting to see if the stock can manage to add to its gains today.
Technical Data
KNOS stock is below the 20-Day and 50-Day Moving averages of $0.0239 and $0.0246 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0400.
