One of the companies that could be on the radars of many investors today is Sharing Services Global Corporation (OTCMKTS:SHRG). The company was in the news yesterday after it made a key announcement with regards to the fact that it finally launched its fully owned subsidiary unit Hapi Travel Destinations.
Trading Data
On Thursday, SHRG stock ended flat at $0.0300 with more than 30K shares, compared to volume of 50.29K shares. The stock moved within a range of $0.0300 – 0.0300 after opening trade at $0.0302.
Sharing Services Global Corporation Announces Official Launch of Hapi Travel Destinations in the U.S.
Hapi Travel is a unique new venture that is going to allow customers to make a new approach to the question of travel savings. In addition to that, it is also going to offer an opportunity to those who may be looking into the possibility of generating additional income from the gig economy space.
The Chief Executive Officer of Sharing Services Global Corporation John Thatch spoke about the company’s latest venture as well. He noted that Hapi Travel Destinations is going to offer a membership-based travel club and it has been created in such a way that it would be possible for all members to enjoy maximum savings.
It would be possible for members to enjoy perks when they go on luxury vacations all over the world. The savings can be made by members both on personal travel as well as on corporate travel, he added.
Key Quote
Dave Dove, vice president of Hapi Travel, stated, “Our timing could not be better. After two years of social distancing and limited travel, people are ready to get out and experience new locations and revisit the places they love. Unfortunately, the rising costs of travel now make this difficult for the average family. Our unique memberships are tailor-made to give access to deep savings for weekend getaways, resort vacations, business travel, flights, and hotels. We back this program with a 110% guarantee.”
Technical Data
SHRG stock is trading above the 20-Day and 50-Day Moving averages of $0.0311 and $0.0326 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.0476. The company has a total market capitalization of $7.89 million. The stock is up 15% over the past three months.
