In the past month the Industrial Nanotech Inc (OTCMKTS:INTK) stock has emerged as one of the notable movers in the market and managed to clock gains of as much as 25% amidst considerably interest.
Trading Data
On Friday, INTK stock moved up 3.02% to $0.0375 with more than 15.56 million shares, compared to its average Friday of 17.17 million shares. The stock moved within a range of $0.0358 – 0.0426 after opening trade at $0.0390.
Recent News
In recent days, there has been no news about the company but it may be a good move to take a look at the update provided by the company’s Chief Executive Officer and Chief Technology Officer Steve Burchill back on February 28, 2022. It may be a good idea from investors to now consider taking a look at the updates that were provided.
Burchill noted that in the previous five months the company had managed to make announcements with regards to a wide range of revenue streams. The revenues streams belong to a large number of market sectors and those are spread out on a geographical level as well. He went on to state that 2022 was the year in which Industrial Nanotech was going to turn a number of revenues opportunities into realised revenues.
Hence, it is quite easy to see why investors might have become excited with the updates. It now remains to be seen if the stock can actually continue to add to its gains.
Technical Data
INTK stock is trading above the 20-Day and 200-Day Moving averages of $0.0319 and $0.0269 respectively. Moreover, the stock is trading above the 50-Day moving average of $0.0132.
