Although the LiveToBeHappy Inc (OTCMKTS:CAVR) stock had gone through a rough period in the past week, the stock managed to make a recovery yesterday and ended the day with gains of 2%. However, at the same time, it is perhaps necessary for investors to keep in mind that despite the recovery, the stock is still down by as much as 16% in the past week.
Trading Data
On Thursday, CAVR stock moved up 2.11% to $0.0194 with more than 7.21 million shares, compared to its average volume of 1.35 million shares. The stock moved within a range of $0.0150 – 0.0200 after opening trade at $0.0190.
CAVR (LiveToBeHappy, Inc) Projects $25 Million in Revenues for 2022 and Readies for Up-listing to the OTCQB
The company came into focus yesterday after it announced that owing to the significant growth it has experienced, it expects the revenues for 2022 to touch as much as $25 million. That was a fairly positive announcement from LiveToBeHappy and hence, the rally in the stock was perhaps understandable.
The Chief Executive Officer of the company Kevin Vincent Fox spoke about the situation as well. He noted that LiveToBeHappy had embarked upon a phase of exciting growth. In addition to that, he stated that over the course of the coming weeks the company was going to make even more announcements as LiveToBeHappy continued to make inroads at a national level. The updates in the coming weeks are going to be about financing and acquisitions that are being planned among others.
Key Quote
Kevin Vincent Cox, Chief Executive Officer of LiveToBeHappy, Inc., commented, “The company has entered into an exciting growth phase and we will do many updates in the weeks ahead as we make progress expanding nationwide. Some of the things we will be reporting on include newly planned acquisitions, sizable financing and the progress made on the country-wide franchising plans by our subsidiary, RenuYou.
Technical Data
CAVR stock is trading below the 20-Day and 50-Day Moving averages of $0.0234 and $0.0248 respectively. However, the stock is trading below the 200-Day moving average of $0.0379.
