Opportunities in the capital markets have been scarce in 2022 as markets continue to experience unprecedented volatility. However, amid this instability, there are some stocks where investors can find opportunities. One such stock is RJD Green Inc. (OTCMKTS:RJDG), an asset acquisition firm. In the last session, the stock jumped 12%, and it is an opportunity investors can ride during the current bear market.
Trading Data
On Wednesday, RJDG stock soared 12% to $0.0069 with 1.58 million shares, compared to its average volume of 1.61 million shares. The stock moved within a range of $0.0065 – 0.0085 after opening trade at $0.0070.
About RJD Green
The Company does business as a private equity firm with an emphasis on acquiring and overseeing firms and assets. anRJD Green is organized into three segments: Earthlinc Environmental Services Division, which offers green and sustainable technologies and services; RJD Green Healthcare Services Division, the owner of IOSoft Inc., a business that offers distinct payment services, software, and technologies that can be incorporated into targeted products for healthcare provider systems, healthcare payers, individual providers, and hospitals; Silex Holdings Divisions which offers specialty industrial and construction services.
The Company’s original activities, Silex Interiors, occupy a market void between local contractors and Home Depots. For the benefit of residential builders, commercial contractors, remodelers, and do-it-yourself customers, Silex produces and installs marble and other worktops, cabinets, and related goods.
RJD Green, Inc. (RJDG) Timely Files Q3 Quarterly Report on OTCMarkets; Shows Revenue from Operations of $3,799,568 as of May 31, 2022
The Company has announced the timely filing of its quarterly report for the quarter ended May 31, 2022. CEO of RJD Green Ron Brewer stated that the report shows that at the end of the third quarter, they generated significant YoY revenue growth of 23.2% to $3.799 million. In addition, year-to-date net operating profit was around $0.544 million representing a 51% YoY increase. As of May 31, 2022, cash and equivalents were $0.639 million, with shareholder equity being around $2.914 million. RJD Green has monthly recurring revenue of $0.472 million with assets of $4.578 million and liabilities of $1.663 million.
Revenue in the past five years has increased 2.6%, with projected 14% growth YoY in 2022 from 2021. This year’s net operating profits are expected to increase 3.8% from a year ago. Silex Holdings Backlog is presently over $1.4 million, and IOSoft has diversified its platforms to reach different markets.
Technical Data
RJDG stock is trading above the 10-Day and 20-Day Moving averages of $0.0066 and $0.0060 respectively. However, the stock is trading below the 200-Day moving average of $0.0077.
