It is quite likely that the XCPCNL Business Services Corporation (OTCMKTS:XCPL) stock is going to be on the radars of many investors today after the stock had emerged as a notable gainer yesterday and ended with gains of 11%.
On Wednesday, XCPL stock moved up 11.11% to $0.0020 with more than 120.46 million shares, compared to volume of 44.49 million shares. The stock moved within a range of $0.0017 – 0.0023 after opening trade at $0.0018.
XCPCNL Business Services announces that it has been hired by Black Bird Biotech to Boost Bee Tested, Bee Safe MiteXstream Biopesticide Sales Within Cannabis Industry
The company came into focus yesterday after it announced that its services had been hired by Black Bird Biotech Inc. Black Bird is best known for being the distributor and manufacturer of the plant based biopesticideMiteXstream. XCPCNL Business Services Corporation is going to be involved in providing direct sales support and brand awareness for the product in the business to business sales space in the cannabis industry.
The news came as a source of excitement for investors and led to the rally in the XCPCNL Business Services Corporation stock. It is now going to be interesting to see if the stock can continue to add to its gains through the rest of the week or not. Tim Matthews, who is the Chief Executive Officer of XCPCNL Business Services Corporation, spoke about the development as well. He noted that everyone at the company was ‘incredibly excited’ at having managed to bagged the contract.
“We are incredibly excited to work with BBBT and believe that we will be successful in promoting the special qualities of MiteXstreamTM to the many verticals within the Cannabis Industry. Creating and growing product awareness in market segments for our clients’ brands is XCPCNL’s sweet spot.” said XCPCNL CEO Tim Matthews.
XCPL stock is trading below the 20-Day and 50-Day Moving averages of $0.0046 and $0.0042 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0054.