Most investors look for companies with potentially huge upsides, and hence, it may be a good time to consider keeping an eye on the Sekur Private Data Inc. (OTCQB: SWISF) stock. The company is involved in the privacy and secure communications software space, a market that could potentially hit a valuation of $88.8 billion by 2032. Let’s take a closer look.
The Potential
In the news release from the company on Tuesday, the company shared the findings from a global market report analysis that was supportive of the ‘Sekur Corporate Suite,’ which would be released soon. However, more importantly, the company announced that the new launch would help it in generating new streams of revenue, strengthen its leadership, and boost profitability in the fast-growing secure corporate communications space.
Further Information
Some of the most important milestones had already been achieved, and Sekur Private Data remained focused on the execution of its vision so as to generate growth and expansion for the longer term. In 2022, the market had been valued at $14.5 billion; however, expert projections indicate that the value could hit a staggering $88.8 billion in 2032.
Technicals
| +/- EMA(20) | 0.0206 (-22.33%) |
| +/- SMA(50) | 0.0183 (-12.57%) |
| +/- SMA(200) | 0.0275 (-41.82%) |
| 5-Day Perf. | -35.22% |
| 1-Month Perf. | -5.88% |
| 3-Month Perf. | -28.57% |
| 6-Month Perf. | -20.4% |
| YTD Perf. | – |
| 1-Year Perf. | -65.88% |
| RSI(14) | 43.56 |
| ATR(14) | 0.01 |
| ADX(14) | 36.37 |
