LTNC has lost over 50% of its value over the last few weeks. Will the trend continue?
Market Action
LTNC lost 3.96% in last session and closed the day at $0.032 on a volume of 188.3 million shares. It has a market cap of $271.70 million, while its average volume is 183.72 million. It traded in the range of $0.027 – $0.045, while its 52-week high is $0.0875.
LTNC Releases News
- LTNC made an announcement regarding its recently acquired subsidiary, takeover industries entering into an joint venture agreement with Manny Pacquiao an boxing legend and politician.
- The agreement was made for the manufacture NXT LVL products in republic of Philippines for distribution throughout Asia.
- Asia Pacific region being the largest global non- alcoholic beverage market is expected to grow to $422.18 billion by 2026
Trader Notes
The pivot points for LTNC are $0.03754 and $0.04007. The RSI of the stock is 47.159, which is quite neutral, but there is still scope of upside. The stock is trading above its 20-day MA of $0.02979. While it is trading below its 50-days MA and 100-days MA of $0.03785 and $0.4886 respectively.
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