Following a major new announcement from the company, the DSG Global Inc (OTCMKTS:DSGT) stock came into focus among investors and ended up with gains of as much as 5% for the day.
On Wednesday, DSGT stock moved up 4.03% to $0.0697 with more than 265K shares, compared to its average volume of 1.2 million shares. The stock moved within a range of $0.0621 – 0.0685 after opening trade at $0.0621.
DSG Global Inc announces the much-anticipated VANTAGE PRO Lithium Fleet Golf Cart is now available for immediate delivery.
The company announced yesterday that its VANTAG PRO Lithium fleet of golf carts had been readied for immediate delivery. The company further noted that these golf carts are supposed to be a disruptor in the fast-growing gold carts market. DSG Global claimed that the golf carts set new standards in terms of warranty, technology, quality, features, and pricing.
Bob Silzer, who is the Chief Executive Officer of the company, spoke about the development as well. He stated that the company holds more than a quarter of a century of experience in providing dealers with solutions that drive growth and revenues while improving the golfer experience at the same time.
All the experience had been distilled into the development of the VANTAGE PRO Lithium fleet of golf carts. Hence, it was perhaps not a surprise that there was a surge in interest in the DSG Global stock on Wednesday. It now remains to be seen if the stock can hold onto its momentum over the rest of the week.
“We took everything we have learned over 25 years of providing operators with impactful solutions that drive revenue and enhance the golfer experience and engineered them into the VANTAGE PRO Lithium Fleet Golf Cart.” Said Bob Silzer CEO of DSG Global.
DSGT stock is trading below the 20-Day and 50-Day Moving averages of $0.0694 and $0.0763 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0803. The company has a total market capitalization of $9.87 million.