On Monday the Tonner One World Holdings Inc (OTCMKTS:TONR) stock had emerged as one of the biggest gainers in the market and ended up with gains of as much as 117% amidst heavy interest. The stock actually surged after the company issued a letter of shareholders with significant updates.
Trading Data
On Monday, TONR stock soared 117% to $0.0026 with more than 479.04 million shares traded, compared to its average volume of 101.89 million shares. The stock moved within a range of $0.0012 – 0.0029 after opening trading at $0.0012.
Key Details
In the letter, the company noted that it was going to host a number of presentations on Zoom on March 15, 2020. The event would commence at 1-30 PM central standard time. However, the purpose of the meeting is going to be quite vital and has already lead to considerable excitement among investors.
Tonner One World announced that it was going to make a presentation of its new leadership group at the meeting. In addition to that, the company’s growth plans over the course of the next few years are also going to be presented to shareholders. On the other hand, Tonner One World also announced that it had announced a new division named Digital Commerce Collective, which is going to be focussed on four major areas of growth that have been identified by the company. Two of those are in crypto and forex technology.
Technical Data
TONR stock is trading below the 20-Day and 50-Day Moving averages of $0.0019 and $0.0034 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0044.