There were a fair number of stocks which had dived yesterday and one of those was that of Atlantic Power and Infrastructure Corp (OTCMKTS:AWSL), which ended the day with a decline of 4%. The drop in the stock price came about after the company made a significant new announced.
Trading Data
On Thursday, AWSL stock lost 4% to $0.0960 with more than 157.30K shares, compared to its average volume of 88.11K shares. The stock moved within a range of $0.0915 – 0.1000 after opening trade at $0.0915.
Atlantic Power and Infrastructure Corp’s Flexi(R)-Pave improves Facilities at Sheriff’s department in Florida
It announced that it had been successful in installing its proprietary product Flexi-Pave at the Office of the County Sheriff of Hillsborough. The office in question is located in Tampa Bay in Florida. It could be a good idea for investors to consider the nature of the installation in order to figure out if it was a major milestone for the company or not.
The company announced that it had installed as much as 4500 square feet of Flexi-Pave at the County Sheriff’s office. The installation had been done for the purpose of replacing patches of sand and grass in the area. It was installed so that the pedestrian areas in the office that lies in front of the correctional facility in Florida could be improved.
The company noted that Flexi-Pave was used in order to beatify the common area. Additionally, it would also reduce costs of maintenance and also boost the pedestrian area.
Technical Data
AWSL stock is trading above the 20-Day and 50-Day Moving averages of $0.0879 and $0.0685 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.0659.
