Last Friday, Pro Music Rights (OTCMKTS:NUVG), the world’s fifth biggest music rights organization was in the news after it made a major new announcement. The company announced that it had decided to change its transfer agent to ClearTrust. The earlier transfer agent for the company had been V-Stock Transfer.
Trading Data
On Friday, NUVG stock ended flat at $0.0550 with more than 17.46K shares, compared to volume of 385.51K shares. The stock moved within a range of $0.0550 – 0.0550 after opening trade at $0.0561.
Pro Music Rights (OTC:NUVG) One of the World’s Largest Music Licensing Companies, Announces That It will be changing Transfer Agents from V-Stock Transfer to ClearTrust
It was a significant new announcement from Pro Music Rights and it is going to be interesting to see if the stock manages to get any traction among investors over the course of the coming days. It is also necessary to point out that Pro Music Rights currently works with some of the world’s best-known companies like TikTok, Vevo, Napster, and Triller among others.
As a matter of fact, the company had also been in the news a few days earlier on August 2 and it may be relevant for investors to take a look at that as well. On that day, it emerged that Pro Music Rights had managed to secure a judgment against the company Ayujoy Herbals. The judgment resulted in Pro Music Rights winning a total of $77,641 in addition to statutory as well as clerk fees of the Supreme Court.
Technical Data
NUVG stock is trading below the 20-Day and 50-Day Moving averages of $0.0772 and $0.0732 respectively. However, the stock is trading above the 200-Day moving average of $0.0309. The company has a total market capitalization of $196.18 million.
