It is almost certain that a lot of investors are going to be significantly focussed on the Healixa Inc (OTCMKTS:EMOR) stock this morning after it emerged as one of the biggest gainers and clocked gains of as much as 73% for the day. In light of such enormous gains, it could be a good move from investors to take a look at the announcement from the company on Tuesday.
Trading Data
On Tuesday, EMOR stock soared 73.35% to $0.85 with 51K shares, compared to its average volume of 5.8K shares. The stock moved within a range of $0.5500 – 0.8550 after opening trade at $0.55.
Healixa Enters Definitive Solar Components Supply Agreement with Solar Integrated Roofing Corp.
Healixa is involved in acquiring and then building innovative technologies in green teach, clean water and health technology spaces. Yesterday, the company announced that it had inked a definitive agreement for solar component supply with the firm Solar Integrated Roofing Corp.
As per the provisions of this agreement, Solar Integrated is going to be responsible for supplying solar panels as well as other associated equipment to Healixa for its Global Aquaduct devices. It is a major development for the company and the announcement with regards to this deal had been made by Healixa in a press release back in October last year.
Hence, there might have been a degree of anticipation among investors with regards to the deal. It is now going to be interesting to see if the stock can continue to add to its gains.
Key Quote
“As we recently started accepting IOIs from government agencies, non-profit organizations, commercial customers, and others, we are also finalizing supply chain partners for mass production of the Global Aquaduct™ devices,” said Ian Parker, CEO of Healixa. “We selected Solar Integrated to supply solar components because of their large-scale U.S.-based supply capabilities, as well as their significant expertise in solar power generation and storage.
Technical Data
EMOR stock is trading above the 20-Day and 50-Day Moving averages of $0.5130 and $0.6157 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.6922.