There were some stocks that had managed to emerge as significant movers on Monday despite the relative uncertainties in the markets. One of the stocks to have moved strongly is that of the social media content management platform operators Findit Inc., (OTCMKTS:FDIT), a Nevada Corporation (OTC PINK:FDIT), owner of Findit.com, which clocked gains of as much as 18% for the day. Prior to getting into the specific reasons which may have led to the rally it may be more important for investors to take a closer look into the actual operations of Findit.Com .
Trading Data
On Monday, FDIT stock soared 18% to $0.0118 with more than 83K shares, compared to a volume of 38K shares. The stock moved within a range of $0.0118 – 0.0118 after opening trade at $0.0118.
About Findit Inc
The company provides a search option on its platform that allows users to check out all the content that may have been posted on Findit.Com. In addition to that, it should be noted that the platform is open in nature and hence, popular search engines like Yahoo, Google, and Bing can also pick up the content from the platform.
Members on the platform have the option of posting, managing, and sharing content. Once the content is shared, Findit.Com makes sure that it appears in the search results. The company is currently focused on developing internet-based web products that can be monetized easily. The company also hopes that the products can also lead to higher brand awareness. The company is involved in helping corporations with their online marketing campaigns as well and on Monday, the stock soared after such collaboration was announced.
BioRegenx Engages Findit To Launch Online Marketing Campaign To Improve Brand Presence and Drive Traffic to Their Site
Yesterday, it emerged that the company BioRegenx had decided to retain the services of Findit.Com for the purpose of managing its online marketing campaign. The online marketing campaign in question is going to be focused on boosting and significantly improving the organic search results for BioRegenx. Consequently, the company also wants to boost its brand all across social media.
Findit.Com will be responsible for providing BioRegenx with not only the content but will also post it and share it across a range of social media platforms.
However, that is not all. Findit.Com will also be responsible for producing content that is driven by SEO or search engine optimization on a regular basis. That will, in turn, help in driving internet traffic to the BioRegenx website as well as those of its subsidiaries. Higher traffic to those websites will help in better indexing and better rank in search engines. It goes without saying that the development is a significant one for Findit.Com and could in fact lead to more such collaborations if the latest one works out well. It may be a good idea for investors to keep an eye on the price action in the stock over the course of the coming days.
The company had earlier been in the news back on June 28 this year, when it announced that it had decided to hire the services of a new Stock Transfer Agent Firm in the form of Clear Trust. It was another important development for the company. Clear Trust is regarded as a full spectrum stock transfer agent and has worked with numerous companies.
Technical Data
FDIT stock is trading below the 20-Day and 50-Day Moving averages of $0.0122 and $0.0139 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0216. The company has a total market capitalization of $3.18 million. The stock is down 50% over the past 6-month.
