As the trading week continues, new stocks are going to get on to the radars of investors this week and one of the stocks which may be worth looking into could be the Digital Utilities Ventures Inc (OTC: DUTV) stock. The company hit the news cycle yesterday after it made an announcement with regards to a new strategic partnership.
Strategic Partnership
The company announced that it had gone into a strategic partnership with the firm TradersQue LLC. In the news release, Digital Utilities Ventures announced that the partnership would exploit the innovative business solutions of TraderQue for the purpose of supporting its current expansion and growth initiatives across the agricultural as well as other diverse markets. Thanks to the partnership Digital Utilities Ventures would get hold of the vital resources and tools which would boost its operational efficiency, make sales initiatives more effective and also boost its market strategies.
Further Information
It was also noted that due to the affiliate networks and SaaS solutions offered by TraderQue, it would place the company in a strong position to deliver innovative, sustainable and disruptive technologies to the worldwide markets. At this point, it could be a good move from investors to consider adding Digital Utilities Ventures to your watch lists.
Technicals
| +/- EMA(20) | 0.0072 (-12.50%) |
| +/- SMA(50) | 0.0084 (-25.00%) |
| +/- SMA(200) | 0.0077 (-18.18%) |
| 5-Day Perf. | +1.61% |
| 1-Month Perf. | -23.17% |
| 3-Month Perf. | -43.75% |
| 6-Month Perf. | -14.86% |
| YTD Perf. | -19.23% |
| 1-Year Perf. | -5.97% |
| RSI(14) | 39.35 |
| ATR(14) | – |
| ADX(14) | 53.57 |
| Beta (5Y) | -0.08 |
