As another trading week begins, it could be a good time for investors to start taking a look into stocks that could come into focus among investors today. One of the companies which you could consider looking into this morning is Valiant Eagle Inc (OTCMKTS:PSRU). Before getting into the latest news with regards to Valiant Eagle, it may be a good idea for investors to consider taking a look at the nature of its operations.
Trading Data
On Friday, PSRU stock ended flat at $0.0008 with more than 14.66 million shares traded, compared to a volume of 22.73 shares. The stock moved within a range of $0.0007 – 0.0008 after opening trading at $0.0007.
About Valiant Eagle
The company is involved in social media, television communications, and celebrity entertainment. The company seeks to deploy advanced technology for the purpose of advancing its move into media, music, sports, and other avenues which may be of interest to the younger generation. As it happens, the company was in fact in the news this past Friday and it could be a good idea for investors to consider taking a look into it a bit more closely.
Valiant Eagle, Inc. (OTC:PSRU) Launches Its Heavily Demanded NFT Marketplace, Fungy
The company announced on Friday that it had been successful in launching the Fungi Beta in its NFT (non-fungible token) marketplace. Valiant Eagle also noted that it had been launched after considerable work on the development stage of the NFT. More importantly, the company also claimed that there had been significant demand for the NFT as well.
The company announced that those who are interested in NFTs are going to be able to carry out everyday transactions, including buying, minting, and selling NFTs. At this point in time, the whole thing is in beta mode and Valiant Eagle noted that it was going to be in that particular state for around two weeks. The company also announced that during the beta mode the company is going to continue to carry out testing in order to gain the trust of the users.
The NFT marketplace Fungi is going to enable creators as well as artists to issue, sell and buy customized digital assets. The assets that one buys is going to give the buyer ownership of the work that is created by the artists. Valiant Eagle also noted that the marketplace has already garnered considerable interest from venture capitalists as well as investors. It should be noted that despite the current problems in the crypto space, millions of dollars in the form of investments have poured into the sector and it could be said that the latest development could well prove to be a positive one for Valiant Eagle in the long run.
Providence Film Group, A Valiant Eagle Inc. Subsidiary, Inks Second Development Project With Brian Oliver’s New Republic Pictures For “Zelda” Starring Oscar Winner, Jennifer Lawrence
Earlier on in the year on January 24, the company had come into focus after it made a key announcement with regards to its subsidiary company Providence Film Group. The company announced that Providence Film Group had managed to sign a second film development agreement with the company New Republic Pictures. It was a major new deal that could usher in a new era for Providence Film Group. It may be a good idea for investors to add the Valiant Eagle stock to their watch lists at this point in time.
Technical Data
PSRU stock is trading below the 20-Day and 50-Day Moving averages of $0.0009 and $0.0010 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0019. The company has a total market capitalization of $0.800K. The stock is down 33% over the past 3 months.
