Resgreen Group International (RGGI) Stock Gains Momentum On High Volume: Now What?

Resgreen Group International Inc (OTCMKTS:RGGI) stock closed sharply higher in Wednesday’s trading session after the company announced news.

Major Trigger:

Resgreen Group Makes Disinfection Autonomous with New Wanda SA Self-Driving Robot

Key Highlights:

  • RGGI changed the disinfection industry today with the launch of its Wanda SA, autonomous mobile robot (AMR) that sanitizes everything from hotels and medical offices to restaurants and other businesses. After a quick and easy installation, Wanda SA moves autonomously on her path without requiring human intervention. RGGI introduced Wanda SD earlier this year, which requires a user to guide the vehicle remotely with a smart device.
  • Wanda SA uses a combination of sensors and an Intel LiDAR camera to create a 3D point cloud of the environment that needs to be cleaned. The simple installation involves driving the vehicle on its route one time to create a map and identify obstacles. Users can view the map after it is completed and add or erase any temporary barriers.

Key Quote:

“Wanda SA is taking disinfection to the next level by making it safe, easy and autonomous,” said Parsh Patel, CEO of RGGI. “The AMR uses either UVC light or a combination of UVC and OZONE to eliminate 99.9 percent of bacteria and viruses. Sanitization can now be performed after hours and in the dark without employees present – saving time, money and risk of exposure to UVC or OZONE.”

Market Reactions  

On Wednesday, RGGIstock surged 41% to $0.0550 with more than 5.38 million shares, 7Xits average volume of 727K shares. The stock has moved within a range of $0.0389 – 0.0656 after opening the trade at $0.0389.

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