If you are currently looking into stocks which managed to make significant gains over the course of the past week then the AB International Group Corp (OTCMKTS:ABQQ) stock could be one of those.
Trading Data
On Monday, ABQQ stock moved up 1.45% to $0.0070 with more than 1.28 million shares, compared to its average volume of 3.31 million shares. The stock moved within a range of $0.0060 – 0.0073 after opening trading at $0.0069.
Quick Recap
The stock has been in the middle of a strong rally during the period and managed to deliver gains to the tune of 17%. The company is involved in investing in intellectual properties and movies and is also involved in licensing. Yesterday, AB International made an announcement with regards to operational updates from the month of April. It may be a good move to take a look at some of the highlights.
AB International announced that it had sold the broadcast rights for two of its movies, ‘Too Simple’ and ‘On The Way’, for the Mainland China market. On the other hand, the company also announced that in April, the range of content that it had provided to ABQQ Channel and abqq.tv managed to generate as many as 4.3 million hits on YouTube combined. In addition to that, AB International also put in place plans in collaboration with service provider that is going to allow film owners to launch their own NFTs.
Technical Data
ABQQ stock is trading below the 20-Day and 50-Day Moving averages of $0.0076 and $0.0102 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0270.
