There has been significant focus on Rogue Station Companies (OTCMKTS:RGST) from investors over the course of the past few days and the situation remained the same yesterday as the stock ended the day with gains of as much as 26%.
Trading Data
On Thursday, RGST stock surged 26.32% to $0.36 with more than 172K shares, compared to its average volume of 51K shares. The stock moved within a range of $0.2480 – 0.3750 after opening trade at $0.3197.
Rogue Station Companies Inc./Everdime Inc. Adds Seasoned High-Level Banking CEO to its Board of Directors
The rally that the stock experienced on Thursday took the total gains for the past week to as much as 63%. Amidst such major gains, it may be a good time for investors to take a closer look at Rogue Station. As it happens, the company was in fact in focus yesterday after it announced that it had added Grant MacKenzie to the Board of Directors.
The addition of a new member of the board is almost always a major development for any company and it seems that investors were quite happy with it as well. In this context, it is perhaps important to note that MacKenzie possesses impeccable credentials.
Currently he is the Chief Executive Officer and President of the Peoples Group, People Bank of Canada and Peoples Trust Company. As far as experience is concerned, it spans across a period of more than four decades as an executive in the financial management space.
Technical Data
RGST stock is trading above the 20-Day and 50-Day Moving averages of $0.22 and $0.19 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.15.
