This morning you could do well to keep an eye on the Vaycaychella Inc (OTCMKTS:VAYK) stock considering the fact that it had managed to clock gains of as much as 5% back on Friday.
Trading Data
On Friday, VAYK stock increased by 4.76% to $0.0044 with more than 1 million shares, compared to its average volume of 4.62 million shares. The stock moved within a range of $0.0042 – 0.0045 after opening trade at $0.0042.
VAYK Features Airbnb Cannabis Tourism With 420 On The Horizon
The company, which is focussed on creating new technologies for making tourism market participation easier, was in the news on Friday that it was looking to offer more opportunities to small and medium business owners as well as to individuals. The company is looking to offer support to individuals as well as to businesses with regards to entry into the Airbnb business.
In this context, it ought to be noted that the company’s Peer to Peer Alternative Finance Application is designed in such a way that it helps these entities to enter the vacation rental business easily.
The announcement from the company was a significant one and hence, it was perhaps no surprise that the Vaycaychella stock ended up with notable gains on Friday. At this point in time, it may be a good idea for investors to add the stock to their watch lists and watch for further developments over the course of the coming days and weeks.
Technical Data
VAYK stock is trading above the 20-Day and 50-Day Moving averages of $0.0043 and $0.0043 respectively. However, the stock is trading below the 200-Day moving average of $0.0105.
