There were a number of stocks which had managed to get off to a strong start for the week yesterday and it may be a good idea for investors to consider taking a look at some of those stocks this morning.
One of the major gainers on Monday was the One World Universe stock, which attracted considerable attention from investors and ended the day with gains of as much as 37% amidst heavy interest. In this situation, it may be a good idea for investors to take an interest in the stock and figure out if the rally is going to continue over the course of the coming days or not.
Trading Data
On Monday, OWUV stock soared 37.10% to $0.0850 with more than 5.28 million shares traded, compared to a volume of 1.75 million shares. The stock moved within a range of $0.0649 – 0.0950 after opening trading at $0.0649.
About The Company
First and foremost, it is important for investors to have an idea about One World Universe (OTCMKTS:OWUV) and it’s business before moving on to the specific development which may have caused the rally. The company is based out of California and it is involved in providing humanitarian efforts in different parts of the world from the proceeds that are generated from the products that it sells.
The products and services sold by One World Universe are meant for improving the lives of people who live in the harshest environments. It should be noted that the company has a track record of having delivered critical supplies like personal protective equipment, educational programs, medications, and vaccines among others to communities that needed them the most.
One World Universe Inc. Announces FilmRise Acquires Rights to Green Beret’s Feature Film Debut “MVP”
Yesterday, the company was in the news after it announced that the rights for the Green Beret film ‘MVP’ had been acquired by the company FilmRise. FilmRise is a unit of One World Universe and the news of the acquisition of the rights to the film may have come as a source of considerable optimism among investors. FilmRise has managed to acquire the global rights to the film that has been made by the United States Green Beret Nate Boyer.
In this situation, it may be a good idea to take a look at how the film is going to be distributed. The film is going to be released theatrically in a combination of on-demand and sponsored screenings that are going to be useful for fundraising efforts. In addition to that, organizational screenings are also going to be held for the purpose of promoting the Merging Vets & Players organization, which is a non-profit. In addition to that, the film is also going to be released worldwide digitally.
One World Universe Inc. in Mutual Talks with Save the Brave Foundation
In this situation, it may be a good idea for investors to consider taking a look at development with regards to One World Universe from back on July 29 as well. The company announced at the time that it was involved in a discussion with Save the Brace.
The negotiations are for arriving at an arrangement by way of which the two companies could sponsor each other’s initiatives. The company noted that the discussions have been fruitful in the initial stages and it now remains to be seen if the deal is eventually closed.
Technical Data
OWUV stock is trading above the 20-Day and 50-Day Moving averages of $0.0519 and $0.0336 respectively. However, the stock is trading below the 200-Day moving average of $0.1013. The company has a total market capitalization of $14.62 million. The stock is up 30% over the past 3 months.
