It is almost always a good idea for investors to consider taking a look at stock which may have recorded considerable gains over a reasonable period of time and by that token, it may be a good time to take a look at the ADM Endeavors Inc (OTCMKTS:ADMQ) stock.
Trading Data
On Monday, ADMQ stock fell 1.37% to $0.0720 with more than 40K shares traded, compared to its average volume of 47K shares. The stock moved within a range of $0.0680 – 0.0720 after opening trading at $0.0680.
ADM Endeavors, Inc. [OTCQB: ADMQ] Provides Company Update
The stock has been in the middle of a strong move in recent days and in the past week alone it has generated gains to the tune of as much as 16%. As it happens, the company actually came into focus yesterday after it announced an update with regards to some of its latest activities.
The company announced yesterday that it had already submitted the 10k for the purpose of getting the final approval and it is expected to be public knowledge at some point this week. On the other hand, the company’s fully owned subsidiary company Just Right Products also managed to add as many as five new city contracts to its portfolio over the course of the past 45 days.
ADM Endeavors also announced that the biggest school uniform clients also decided to extend their contracts for another three years. It will be interesting to see if the stock can continue to add to its gains today.
Technical Data
ADMQ stock is trading below the 20-Day and 50-Day Moving averages of $0.0711 and $0.0722 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0763.
