Small cap stocks are often known to generate considerable gains within a relatively shorts period of time despite being fairly volatile and if you are currently looking into small caps, then you could take a closer look at Nutranomics Inc (OTCMKTS:NNRX).
The stock has been in the middle of a strong upward trend for quite some time and the trend continued yesterday as it soared by another 22%. The stock has been soaring ever since it was reinstated on the OTC Markets last month and soon emerged as one of the favourites among many investors. As a matter of fact, Nutranomics is also one of the more searched and discussed stocks among small caps at this point.
In other words, there is a considerable buzz about the stock and that might be one of the major reasons behind the strong rally. At this point, investors are accumulating the stock at a steady clip and new investors are flocking to Nutranomics on a daily basis.
It seems that the stock is on the same course that had been charted by other small cap stocks like Tesoro and Enzolytics not too long ago. Considering the current bullish trend, investors could consider putting the stock in their watch lists.
Market Reaction:
On Thursday, NNRX stock surged 22% to $0.0011 with more than 681.12 million shares, compared to its average volume of 147.57 million shares. The stock has moved within a range of $0.0007 – 0.0011 after opening the trade at $0.0009. Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0033.