Sometimes stocks which may have tanked sharply over a short period of time may also be tracked closely since there may be the possibility of a quick turnaround. For instance, the GASE Energy Inc (OTCMKTS:GASE) stock has been in the middle of a strong selloff in the past week and has recorded a decline of as much as 30% during the period.
Trading Data
On Monday, GASE stock moved up 1.45% to $0.0700 with 1.19 million shares, compared to its average volume of 292K shares. The stock moved within a range of $0.0666 – 0.0800 after opening trade at $0.0690
Recent News
Yesterday, the company was actually in the news after it made an announcement with regards to the fact that it was going to be one of the participants at the Emerging Growth Conference.
GASE Energy is going to make a presentation from 1 pm to 1:30 pm Eastern time on March 2, 2020. It is an important event and it is going to be interesting to see if the presentation leads to any traction for the company’s stock in the coming days.
The presentation is going to be telecast live and it will also give an opportunity to people from the investment community as well as the existing shareholders to interact with the Chief Executive Officer of GASE, Sean Martin. It may be a good move to keep an eye on the GASE stock in the coming days.
Technical Data
GASE stock is below the 20-Day and 20-Day Moving averages of $0.1502 and $0.2109 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.1840.
