VaporBrands International Inc (OTCMKTS:VAPR) Stock Gains Momentum After Key Update

It is likely that the VaporBrands International Inc (OTCMKTS:VAPR) stock is going to be in focus among investors yesterday after it came into sharp focus and ended the day with a decline of as much as 4%.

Trading Data

On Wednesday, VAPR stock soared 4.05% to $0.0385 with more than 1.69 million shares, compared to its average volume of 3.21 million shares. The stock moved within a range of $0.0350 – 0.0419 after opening trade at $0.0007.

E-Cite Motors Plans Special Exhibit at the SEMA Show and Major Announcements About its Affordable EV Sports Car

The company was in the news yesterday after it announced that it had planned an exhibit at the SEMA show that is going to be held from November 1 to November 4 this year. It was a major new announcement from the company and may have led to a certain degree of optimism among investors. The company is going to have its own booth at the event and hence, will be able to provide those who attend with key details as well as purchasing options for the E-Cite EV GT.

However, that is not all. The company also announced yesterday that during the course of the event it was also going to make major new announcements and provide updates. That is going to be done by the company so that those who are not able to attend the event are aware of the information that is going to be provided by VaporBrands to the attendees of the event.

Technical Data

VAPR stock is trading above the 20-Day and 50-Day Moving averages of $0.0370 and $0.0298 respectively. Moreover, the stock is trading above the 200-Day moving average of $0. 0173. The company has a total market capitalization of $2.69 million.