Affluence Corporation (OTCMKTS:AFFU) Stock In Focus After Recent Development

The Affluence Corporation (OTCMKTS:AFFU) stock could come into focus among investors yesterday following a key development and ended up with gains of as much as 3% for the day. In this situation, it may be a good idea for investors to consider taking a look at the announcement that was made jointly by the company along with its subsidiary unit OneMind Technologies SL.

Trading Data

On Monday, AFFU stock gained 3.07% to $0.0575 with more than 56.9K shares, compared to its average volume of 156.7k shares. The stock moved within a range of $0.0500 – 0.0599 after opening trade at $0.0500.

Affluence Corporation’s OneMind Technologies Announces Enhanced Smart City Software Product

The announcement in question was in relation to the launch of the latest version of the OneMind New Generation, which is hypervisor platform. The fact that the company could develop a more advanced nature of its platform is a major achievement for OneMind and by extension for Affluence Corporation.

In this context, it may be a good idea to look into the comments from the Chief Executive Officer of OneMind Stephane Eyme. Eyme stated that the company was determined to make its platform the standard for the Smart City Software space. He went on to add that the latest version of the platform could help in broadening its base considerably. It may be a good idea for investors to now keep track of the Affluence stock closely and watch the moves.

Key Quote

“Our goal is to make OneMind Technologies the industry standard in the Smart City Software market and the NG Platform broadens our reach and will enable us to continue our string of impressive Smart City project wins,” said Stephane Eyme, CEO of OneMind Technologies.

Technical Data

AFFU stock is below the 20-Day and 50-Day Moving averages of $0.0672 and $0.0766 respectively. The stock is trading in the oversold zone with the RSI at 42.