On Monday there were a number of stocks that had managed to make an upward move and ended the day with notable gains. It may be imperative for investors to consider taking a look at some of those stocks. One of the stocks that garnered considerable attention on Monday was Livento Group (OTCMKTS:NUGN), which ended the day with gains of as much as 8% amidst significant interest.
In light of such gains, it could be a good idea to take a closer look at the nature of the business the company is engaged in before getting into the recent developments which may have led to the gains made by the stock.
Trading Data
On Monday, NUGN stock soared 8% to $0.1199 with more than 1.20 million shares traded, compared to a volume of 1.21 million shares. The stock moved within a range of $0.0911 – 0.1700 after opening trading at $0.17.
About Livento Group
The company has a unique business model. It is involved in the acquisition of companies with disruptive business models and then developing them. Not too long ago, Livento Group was in the news after it announced that it had launched the film and television production subsidiary unit BOXO Productions. The subsidiary is going to be led by some of the top producers and actors in the entertainment industry.
The company was actually in the news yesterday and that led to the rally that was seen in the Livento stock. Now that you have a fair idea about the nature of the business Livento is engaged in, it could be a good time for you to take a look at the latest news.
Livento Group (NUGN) to Participate in Proactive’s Virtual One2One Investor Forum on August 9, 2022
The company announced yesterday that it was going to be one of the participants in the Proactive One2One Investor Forum that is going to be held today August 9, 2022. The event is going to be held virtually. The Chief Executive Officer of Livento Group David Stybr is going to make a presentation on the disruptive business model of the company at 2 in the afternoon Eastern Time Zone.
The presentation is going to be made available both on the Proactive website as well as on the YouTube channel once the event is concluded. Investors who are interested in the presentation could take a look at those platforms.
Stybr actually made a statement yesterday with regards to the company’s business model. He noted that the company was committed to creating considerable value for its investors through its investments in business and at the same time, it wanted to minimize risks as much as possible across its subsidiaries.
He also noted that over the course of the past year the company had managed to generate significant growth. He went on to add that at the presentation he was going to discuss EURO DOT, future movie targets, and acquisition targets with the audience which is going to be present at the event. In this regard, it should be noted that the Livento Group CEO is also going to speak at length with regards to BOXO Productions and provide a closer look into its film and television production subsidiary. It may be a good idea for investors to keep an eye on the Livento Group stock today.
Key Quote
“Our focus at Livento Group is to offer investors significant value, while minimizing risk, across each of our subsidiaries,” stated Štýbr. “We have seen significant growth over the past year and I look forward to discussing EURO DOT, acquisition targets, and future movie targets with the audience at Proactive’s forum.”
Technical Data
NUGN stock is trading above the 20-Day and 50-Day Moving averages of $0.09 and $0.07 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.05. The company has a total market capitalization of $5.03 million. The stock is up 200% over the past month.
