The week started off on a strong note for Tonner-One World Holdings (OTCMKTS:TONR) as its stock attracted considerable attention from investors and ended up with gains of as much as 15% for the day.
Trading Data
On Monday, TONR stock surged 13.90% to $0.0021 with more than 146.10 million shares, compared to its average volume of 103.37 million shares. The stock moved within a range of $0.0017 – 0.0022 after opening trading at $0.0012.
Tonner-One World Partners with Uneeq to Launch Digital Human Technology
The stock actually rallied strongly after it announced that it had gone into a partnership with Uneeq, a firm that is involved in the development of artificial intelligence. The collaboration in question with Uneeq is going to see Tonner-One World working on the eventual launch of digital technology that is going to be related to the investor’s relations space.
The announcement came as a source of considerable optimism for investors and that led to the remarkable rally in the stock on Monday. The digital human, which is going to provide assistance to users in real time, is going to be named Elizabeth. It is going to be responsible for providing users with updates from the company and details with regards to the latest filings, reports and events among others.
Tonner-One World also announced that Elizabeth is going to go live in a testing environment on March 24 and that is something that is possibly going to be watched closely by many investors.
Key Quote
“Since this is the exact technology we will be selling to Municipal, County, State, and Federal Government partners, there is no better test case for deployment than to enhance our ability to communicate with shareholders, stated Charles Potter, Emerging Technology Consultant to the Company. “Through the power of artificial intelligence, Tonner-One World has made possible a dynamic where shareholders can get information, on-demand, any time of day or night from a friendly and engaging representative without the company incurring excessive labor costs,” he added.
Technical Data
TONR stock is trading below the 20-Day and 50-Day Moving averages of $0.0022 and $0.0029 respectively. The stock is trading in the neutral zone with RSI stands at 45.