Things have taken a turn for the worse for HUMBL Inc (OTCMKTS:HMBL) investors over the course of the past month as the company’s stock suffered from a selloff and ended up with a decline of as much as 21% during the period. Can the stock make a comeback any time soon?
Trading Data
On Wednesday, HMBL stock fell 0.22% to $0.1098 with 7.53 million shares, compared to its average volume of 11.69 million shares. The stock moved within a range of $0.1093 – 0.1131 after opening trade at $0.1130.
HUMBL, Inc. to Present at Investor Summit Group’s Q2 In-Person Conference
In order to figure it out, investors need to take a look at recent developments and then make up their minds one way or another. Yesterday, the company announced that its Chief Executive Officer Brian Foote will be in attendance at The Q2 Investor Summit Group. Participation at such events allow companies to put forward their merits so that investors could be attracted.
The event is going to take place from May 3 to May 4 in New York City. At the presentation, Foote is going to provide those in attendance with an overview of HUMBL. That is also going to include descriptions of some of the main products and services from the company. In addition to that, he is also going to give a glimpse into HUMBL’s plans for the future with regards to blockchain and Web3. It will be interesting to see if the stock gets any action on the day of the presentation.
Technical Data
HMBL stock is trading below the 50-Day and 200-Day Moving averages of $0.12 and $0.13 respectively. Moreover, the stock is trading below 20-Day moving average of $0.49.
