The technology company Healixa Inc (OTCMKTS:EMOR) could be the one to watch this morning after the company saw its stock clock gains of as much as 10% for the day. Considering the magnitude of the gains clocked by the stock it may be a good idea for investors to consider taking a look at the announcement made by the company yesterday.
Trading Data
On Wednesday, EMOR stock moved up 9.76% to $0.90 with more than 16k shares, compared to its average volume of 7K shares. The stock moved within a range of $0.8327 – 0.9000 after opening trade at $0.84.
Healixa Secures An Additional $37,500,000 In Order Indications For Its Global AquaDuct™ Units In The Caribbean
The company provided a follow up update in relation to its press release from back on March 2. Yesterday, Healixa announced that it had managed to secure an additional indication of interest. The interest was expressed by WaterIsLife for Caribbean projects. It was a major new development for the company and the considerable interest in the stock among investors was perhaps understandable.
The latest indication of interest is going to help the company to get another $37,500,000 in the form of fresh capital and that will be in addition to the $37,500,000 that it had already secured from Global AquaDuct units. At this point in time, it may be a good idea for investors to add the stock to their watch lists and continue to watch the price action. It remains to be seen if the stock can add to its gains today.
Key Quote
Ian Parker, CEO of Healixa said, “Global AquaDuct™ provides a solution that solves for current water issues in the Caribbean. With our partner WATERisLife, we can now provide a water solution that can provide much needed relief to these island communities. This is one that hits home for me personally given that I have family in Curaçao.”
Technical Data
EMOR stock is trading above the 20-Day and 50-Day Moving averages of $0.81 and $0.66 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.68.
