If an investor is in the market for stocks that present significant benefits in an adequate amount of time, then it will be prudent to implore them to review Legion Capital Corp (OTCMKTS: LGCP). Legion increased its stock’s amount, thus recording a 499,900% increase in annual benefits allowing it to close at $1.00 from a previous reading of $0.00020. This movement is expected to continue.
Trading Data
On Friday, LGCP stock ended flat at $1 with more than 4.9K shares, compared to a volume of 1.7K shares. The stock moved within a range of $0.5502 – 1.0000 after opening trade at $0.65.
About Legion Capital Corp
The company focuses on loaning financial resources to various business officials across the globe. It assists mainly in the real estate sector while weighing their contributions to the industry. Legion issues the organizations with financial aid, including growth capital, in an efficient and safeguarded method promoting the idea of sustaining the organizations let down by the financial institutions and investors.
Due to Legion’s contributions, the company reports high benefits and maintains a productive financial status. The benefits thus attract other reputable business officials, thus reducing the reliance on financial institutions and traditional sources of borrowing and lending. Moreover, Legion further offers financial assistance to other companies in diverse business sectors across the globe, thus maintaining its impressive financial status.
Legion Capital Announces 2021 Financial Results
The company recently announced a digital Annual Shareholder’s conference on 20th July 2021 from 10 AM Eastern Daylight Time following the release of the 2020- 2021 financial report. The report disclosed that the company made its first annual profits since its incorporation, thus listing its yearly profits at an estimated $ 279,600. Legion also concluded the financial year with a 1,277% rise in cash, being $ 16,898,222 as compared to the previous year’s performance recorded at $ 1,227,094.
The improvements enabled the company to record a 39% gain in revenue at $ 3,265,718 from the $2,350,295 in 2021. The report also includes significant shareholder valuation growth from 2020 to 2021. Legion recorded $ 10,152,729 in the description, thus creating a 4,091% rise from the 2020s to $ 285,125. Legion recently announced the application of investors to join by applying on the forms provided on its website and official channels.
The company’s CEO, Paul Carrazone, reports that he is pleased with Legion’s profitability and expects the trend to continue.
Key Quote
Legion CEO Paul Carrazone commenting on the Company’s performance in 2021, stated: “We are pleased that Legion has shown its first full year of profitability. Looking ahead to 2022 and beyond, Legion is well-positioned to continue to profitably grow its specialized loan portfolio for the benefit of our investors and shareholders.”
Technical Data
AMMX stock is trading below the 20-Day and 50-Day Moving averages of $0.65 and $0.66 respectively. However, the stock is trading above the 200-Day moving average of $0.46.
