In the past week, the Rego Payment Architectures Inc (OTCMKTS:RPMT) stock has been in the middle of a significant downward spiral and recorded a decline of as much as 6%. Considering the magnitude of the decline, it may be a good time for investors to perhaps work out if the stock could actually make a recovery any time soon.
Technical Data
RPMT stock is trading above the 50-Day and 200-Day Moving averages of $1.24 and $1.98 respectively. However, the stock is trading below 20-Day moving average of $1.33.
Rego Payment Architectures, Inc. announces Mazoola® Super App Offers Children Opportunity to Buy and Trade Equities through Fractional Investing
In that regard, investors could do well to perhaps take a look at the announcement from the company on Tuesday. It announced that in its quest to make financial literacy as inclusive as possible it was going to offer children the opportunity to invest in stocks by way of its super app Mazoola.
Mazoola is a super app and has also won awards. In addition to that, the company also announced that Mazoola is also going to offer its customers the option to buy and sell fractional shares. That features is going to be introduced later on this year on June 30. The customers are going to be able to trade those fractional shares through a user friendly interface that is connected to the digital wallets that they may own. It might be a good time to keep an eye on the Rego Payment stock.
Technical Data
RPMT stock is trading above the 50-Day and 200-Day Moving averages of $1.24 and $1.98 respectively. However, the stock is trading below 20-Day moving average of $1.33.
