Following were the notable penny stock buzzers in the previous session on high volume. Keep an eye on these stocks this week.
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ILUS International Inc. (OTCMKTS:ILUS) stock was in action in the previous trading session as the stock ended lower by 0.25% at $0.1401 with over 3.37 million shares traded hands, compared to its average volume of 14.89 million shares.
The company has now agreed in principle to move forward with the acquisition of an impressive fire suppression system company in the US state of Florida. The company currently generates revenue in the region of $3 million per year, services several well-known customers in its area and has recently been awarded significant new contracts. It also holds enormous growth potential and is extremely well aligned for the launch of ILUS’ own fire suppression technology in the US.
Asia Broadband Inc. (OTCMKTS:AABB) stock was one of the notable active movers in previous trading session as the stock was ended down by 0.54% at $0.1017 with over 13.57 million shares traded hands, compared to its average volume of 16.70 million shares.
The company announced that the Company has began production on its mining property in the Tequila region of Mexico. The processing mill on site is currently operating at 50 tons per day (tpd) maximum capacity and a retrofit upgrade program is underway to increase production capacity to 100 tpd. Additionally, the Company is planning a large-scale expansion of its production and processing facilities to begin installation sometime this year.
Ameriguard Security Services Inc. (OTCMKTS:HRAA) stock continued to trend higher on Monday. On Monday, the stock was up 8% to $3.20 with more than 17K shares traded hands, compared to its average volume of 33K shares.
Ameriguard Security Services Inc. provides revenue cycle services for healthcare providers in the United States. It also offers revenue cycle data analysis, contract, and outsourced coding services; and billing, coding and compliance audits, coding education, coding consulting, physician coding, and ICD-10 education and transition services.
EKIMAS Corporation (OTCMKTS:ASNB) stock was one of the most active stock buzzers. The stock ended flat at $1.30 with over 10 shares traded hands, compared to its average volume of 994 shares.
EKIMAS Corporation does not have significant operations. Previously, it was engaged in the development of polymer materials for use in the design and development of medical devices used for treating a range of anatomical sites and disease states.
CytoDyn Inc. (OTCMKTS:CYDY) stock continued to trend lower on Monday. On Monday, the stock ended down 6.12% to $0.3051 with more than 3.48 million shares traded hands, compared to its average volume of 2.72 million shares. CytoDyn Inc. operates as a late-stage biotechnology company. The company focuses on developing treatments for multiple therapeutic indications based on leronlimab, a novel humanized monoclonal antibody targeting the CCR5 receptor. Its Leronlimab is in a class of therapeutic monoclonal antibodies designed to address unmet medical needs in the areas of human immunodeficiency virus (HIV), cancer, immunology, and novel coronavirus disease (COVID-19).
