Nightfood Inc (OTCMKTS:NGTF), which is often known as the sleep friendly snack firm, was in the news cycle yesterday after it made an announcement with regards to an investor’s conference call. However, the news did not lead to any major move in the Nightfood stock and it continued to trade within a range.
Trading Data
On Wednesday, NGTF stock fell 1.33% to $0.1850 with more than 168k shares, compared to its average volume of 140k shares. The stock moved within a range of $0.1749 – 0.1925 after opening trade at $0.1875.
Key Developments
The company, which is involved in addressing the $50 billion American night time snacking industry, announced yesterday that it had scheduled an investor conference call for March 1, 2022. The conference call will commence at 4-30 PM Eastern time.
The event is expected to be an important one for the company and its investors, which is why it is quite likely that the conference call is going to be watched closely by analysts as well as potential investors. Nightfood also pointed out that investors as well as other people who are interested in the company will have the option of sending in their question prior to the conference call.
To that end, the company also shared the e-mail address of one of Stuart Smith for the purpose of sending in the questions. It could be a good idea to keep an eye on Nightfood in the coming days.
Technical Data
NGTF stock is below 20-Day and 50-Day Moving averages of $0.19 and $0.20 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.23.
