In the past week, investors in Vaycaychella Inc (OTCMKTS:VAYK) have not had a particularly great time in the markets as the stock suffered from a selloff and went down by as much as 12% during the period.
Trading Data
On Tuesday, VAYK stock fell 2.33% to $0.0042 with 3.80 million shares, compared to its average Tuesday of 5.49 million shares. The stock moved within a range of $0.0041 – 0.0046 after opening trade at $0.0043.
VAYK Annual Report and Update To Highlight New App and Cryptocurrency Exchange
In light of such a considerable decline, it may be a good time for investors to perhaps figure out if a recovery may be forthcoming. As a matter of fact, the company was in the news yesterday after it announced that it was going to publish its annual report for 2021 soon. However, that was not all.
Vaycaychella also announced that it was also planning to publish a thorough management update with regards to its latest plans and progress. The company is involved in the development of a range of technology solutions that are meant for democratising participation in relation to the tourism market.
The company wishes to empower the small and medium sized operators in the industry. In light of the latest announcement, it may be a good idea for investors to possibly consider adding the stock to their watch lists and watch out for further developments. It remains to be seen if the stock can bounce back any time soon.
Technical Data
VAYK stock is trading below the 20-Day and 50-Day Moving averages of $0.0044 and $0.0046 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0112.
