HUMBL Inc (OTCMKTS:HMBL) has seen its stock have a fairly volatile time in recent days. This past Friday the stock suffered from a selloff and went down by as much as 5%. However, despite the fall in the stock price, it should be noted that the HUMBL stock is still actually up by as much as 17% in the past week.
Trading Data
On Friday, HMBL stock fell 5.40% to $0.1580 with more than 7.38 million shares, compared to its average volume of 13.31 million shares. The stock moved within a range of $0.0870 – 4.2000 after opening trade at $0.1744.
Latest News
While it is true that there was no fresh news about the company in the past week it may be a good idea all the same for investors to consider taking a look at a key development from back on February 14.
At the time the company announced that it had been successful in completing the acquisition of the company BizSecure. The company is involved in mobile identification, blockchain tokenisation and verifiable credentials industries. It was a major new acquisition for HUMBL and may have resulted in a degree of optimism among investors. On the other hand, HUMBL announced at the time that it was going to retain the company’s employees as well as its consulting resources. It now remains to be seen if the stock can bounce back today.
Technical Data
HMBL stock is trading above the 20-Day and 50-Day Moving averages of $0.16 and $0.23 respectively. However, the stock is trading below the 200-Day moving average of $0.69.
