This morning there will be many investors who are likely to look into the Golden Trail Technology (OTCMKTS:GOGY) stock quite closely considering the fact that the stock had clocked gains of 7% on Wednesday.
Trading Data
On Wednesday, GOGY stock moved up 7.55% to $0.31 with 560k share, compared to its average volume of 427K shares. The stock moved within a range of $0.2700 – 0.3755 after opening trade at $0.29.
Golden Grail Tech Pledges Responsible Path to Promote Products Directed at Kids and Tweens
The rally that was seen yesterday took the gains made by the stock over the course of the past week to as much as 15%. As it happens, the stock was actually in the news cycle on Wednesday after it announced that it was committed to promoting its products from the recently acquired Tickle Water brand responsibly.
The products in question are meant for tweens and kids, hence the statement from the company was understandable. Golden Trail also announced that it was going to be specifically sensitive to parents when it comes to promotional activities. Golden Trail is involved in streamlining and building its portfolio of beverage products by way of fiscally responsible investment practices.
The announcement on Wednesday was also a significant one and is an indication of the company’s growing presence in the beverage industry. In light of the gains made by the stock in the past week it may be a good time to start tracking the Golden Trail stock a lot more closely.
