Anyone who is looking to track momentum stocks this morning may consider taking a look at the Critical Solutions Inc (OTCMKTS:CSLI) stock. Following a key announcement from the company yesterday, its stock gained momentum and it may be a good idea to take a look into it.
Trading Data
On Wednesday, CSLI stock moved up 2.56% to $0.0040 with more than 172K shares, compared to its average volume of 1.04 million shares. The stock moved within a range of $0.0038 – 0.0040 after opening trade at $0.0038.
Critical Solutions, Inc. (OTC: CSLI) Provides Shareholder Updates
The company announced yesterday that it had launched a new corporate website, with a new domain name and on top of that, the website also provided details with regards to its current business plans. The new website can be reached at www.cslisolutions.com and it has also been linked to the social media accounts of the company, including Twitter.
The company’s new Chief Executive Officer Matt Dugan had been working hard on discovering new streams of revenue. On the other hand, he has also been working on updating or changing the existing business plans at Critical Solutions so that the new strategies could be consistent with the company’s future goals.
It was noted yesterday that the company is going to be completely focused on the technology and entertainment business infrastructures which are going to be consistent with its future goals. It may be a good idea for investors to perhaps add the stock to your watch lists.
Key Quote
Matt Dugan adds, “We’re in a time and age where we truly can move mountains in an industry that has a gold rush going on it when it comes to being able to make content at light night speeds. We have to be first in everything and move FAST and most importantly first where we see windows of opportunity to advance storytellers on a global stage and have their works seen and heard”.
Technical Data
CSLI stock is trading below the 20-Day and 50-Day Moving averages of $0.0042 and $0. 0044 respectively. Moreover, the stock is trading below the 200-Day moving average of $0. 0055. The company has a total market capitalization of $3 million. The stock is down 22% over the past month.
