Over the course of the past month, the Hello Pal International Inc (OTCMKTS:HLLPF) stock has had a bit of a roller coaster ride and it might be a good time to look into it considering the price action in the stock yesterday.
After having suffered from a recent selloff, the Hello Pal stock came to life yesterday and rallied by 22%. While it is true that the stock has been quite up and down in recent week, it should not be forgotten that over the course of the past month it has managed to deliver gains of 30%.
The company is involved in the language learning, live streaming and the crypto mining industries at this point. Earlier on this month, the company announced that it managed to generated revenues of as much as $2583960 during the month of May 2021 through its live streaming and crypto mining businesses.
It should be noted that Hello Pal got into the crypto mining business through the acquisition of Crypto Pal Technology Limited. The crypto mining revenues were generated through the mining of Litecoin and Dogecoin. The revenues in May marks the sixth straight month in which the company managed to surpass revenues of $2 million.
Market Reaction:
On Thursday, HLLPF stock increased 22.50% to $0.69 with more than 885k shares, compared to its average volume of 720k shares. The stock has moved within a range of $0.5740 – 0.7300 after opening the trade at $0.5770. Over the past 52-week, the stock has been trading within a range of $0.0300 – 1.8500.
 Stock Continues to Recover: How to Trade Now?){kind=link}