The beverage sector has grown at a remarkable rate in recent times and more and more investors are now increasingly looking to get into it. One of the beverage stocks that you could look into today is that of Golden Grain Technology (OTCMKTS:GOGY). It is an innovative company that is involved in growing and building its portfolio beverages.
Trading Data
On Wednesday, GOGY stock moved up 1.92% to $0.2650 with 195K shares, compared to its average volume of 418k shares. The stock moved within a range of $0.2410 – 0.2700 after opening trade at $0.27.
Key Update
The Golden Grain stock has been in the middle of a strong rally in the past week and managed to clock gains of as much as 18% amidst heavy interest. At it happens, the stock was actually in the news on Wednesday following a key announcement.
The company announced on Wednesday that it was going to make a presentation at the Emerging Growth Conference that was actually held yesterday at 12:30 pm Eastern time. The presence of the company at important industrial conferences are important since it is going to allow Golden Grain in showcasing its operations to influential people.
The event was a live and interactive one, as a result it was possible for both the investing community as well as shareholders to directly speak to the company’s Chief Marketing Consultant Erin Helt.
Technical Data
GOGY stock is above the 20-Day and 50-Day Moving averages of $0.20 and $0.17 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.05.
