In the past few days, there has been considerable upward movement in the Jones Soda Co (OTCMKTS:JSDA) stock. On Friday, the stock had jumped by 4% amidst fresh interest and had taken the gains over a period of a week to as much as 28%.
Trading Data
On Friday, JSDA stock moved up 3.93% to $0.6340 with 141k share, compared to its average volume of 94K shares. The stock moved within a range of $0.5750 – 0.6400 after opening trade at $0.62.
Recent News
In light of such considerable gains, it may be a good time for investors to perhaps take a closer look at the announcement from the company on Friday. The company announced that the Canadian Securities Exchange had awarded the company the final listing approval for the shares of its common stock.
It was also announced that those shares were going to start trading on the Canadian Securities Exchange on February 18 and was going to trade under the ticker symbol JSDA. The development was a significant one and may have brought the stock into considerable focus among investors on Friday.
It is now going to be interesting to see if the newly listed stock gets any traction among investors this week or not. It could be a good idea for investors to consider adding the Jones Soda Co stock to their watch lists for this week and keep an eye on the developments.
Technical Data
JSDA stock is trading above the 20-Day and 200-Day Moving averages of $0.56 and $0.63 respectively. However, the stock is trading below the 200-Day moving average of $0.79.
