ADM Endeavors (OTCMKTS:ADMQ) Stock Gains Momentum: Here is Why

One of the stocks to have emerged as a notable gainer on Wednesday was that of ADM Endeavors (OTCMKTS:ADMQ), which ended the day with gains of as much as 15% amidst heavy interest. The company came into focus after it emerged that its fully owned subsidiary unit Just Right Products had been awarded a contract for City of Blue Mound.

Trading Data

On Wednesday, ADMQ stock rose 15.43% to $0.0531 with more than 1.50K shares, compared to its average volume of 24.50K shares. The stock moved within a range of $0.0531 – 0.0531 after opening trade at $0.0531.

ADM Endeavors, Inc. (OTCMKTS:ADMQ) Announces Company Update

In addition to that, it was also noted that the City of Burleson had also made the decision to join the Tarrant County related contract. It was noted in the press release that the latest contract would help Just Right Products with the expansion of its business and reach a new pool of customers.

Additionally, ADM Endeavors announced that it had also launched its Spanish FW Promo website The company decided to make the move since Spanish had become a much more prevalent language in the United States and it would help the company in reaching customers who speak the language.

However, at the same time, ADM Endeavors also noted that supply chain and lower margins were going to continue to be problematic issues for the company for the foreseeable future. It remains to be seen if the stock can continue to add to its gains today.