If you are currently looking into the possibility of tracking diversified holding company stocks, then it may be the right time to perhaps look into the Alkame Holdings Inc (OTCMKTS:ALKM) stock. In addition to that, the stock was trading within a range on Monday and hence, if there is a breakout soon this may well be the correct time to start assessing the stock before that happens.
Trading Data
On Monday, ALKM stock ended flat at $0.0006 with 20.43 million shares, compared to its average volume of 19.74 million shares. The stock moved within a range of $0.0006 – 0.0007 after opening trade at $0.0007.
About Alkame Holdings
The company mainly operates through a range of fully owned subsidiary units and those subsidiaries operate in a range of businesses. Some of the businesses include proprietary water technology, food, and beverage, CBD, and hemp-based food and beverages among others.
In order to bring about further growth, Alkame Holdings is working on the possibility of launching new units or acquiring businesses that could bring about strong growth. On top of that, the company is also looking to get a toehold in a range of sectors which are emerging fast.
Alkame to Pack 6th Consecutive Year of Blueberries for Export to Asia
Although the stock was trading in a range yesterday, the company was actually in the news after it made an announcement with regards to its fully owned subsidiary unit Bell Food and Beverages Inc. It was announced that Bell was working on the completion of the packaging of its farm to jar blueberry jam for the purposes of exporting to Japan. It is the sixth straight year in which the company was going to export the product to Japan.
In this regard, it ought to be noted that July is the National Blueberry Month and Bell is currently working on its preparations so as to shore up the capability of its facility to take in thousands of pounds of blueberries that will be sent by farmers located in the Pacific Northwest. The company is going to start the bottle production on July 15 and the company aims to fill as many as 250000 bottles of blueberry jam. It was noted that the product is going to go from farm to jam within a span of 24 hours and that is certainly going to make the production process a highly efficient one.
Key Quote
“Going from the farm to the jar within twenty-four hours makes it all the more impressive, and really provides our client with the freshest and most flavorful fruit possible for their customers. The quality speaks for itself, and we are very excited to continue to provide the best for Pacific Flavors.”
Technical Data
ALKM stock is trading below the 20-Day and 50-Day Moving averages of $0.0006 and $0.0007 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0010.
