One of the most important things to keep in mind with regards to small cap stocks is the fact that those stocks can often generate outsized returns for investors. Hence, these stocks are often followed pretty closely and one of the stocks that could be tracked at this point is that of Nutranomics (OTCMKTS:NNRX).
Yesterday, the stock saw heavy action and jumped by 44% to take its gains over the past week to as much as 65%. In recent days, the stock has emerged as one of the favourite small cap stock among investors amidst heavy accumulation.
More importantly, it is also necessary to keep in mind that Nutranomics is currently one of the most talked about stocks on the online message boards. In recent time, online chatter about stocks has been a major factor behind rallies in certain stocks and hence, it is something that investors ought to keep in mind when they consider the Nutranomics stock.
In addition to that, experts believe that the stock’s current upward move could be similar to that of the moves that had been seen in stocks like Tesoro and Enzolytics. Both those small cap stocks had recorded considerable gains earlier on this year.
Market Reaction:
On Tuesday, NNRX stock soared 44.44% to $0.0013 with more than 1.09 billion shares, compared to its average volume of 160.79 million shares. The stock has moved within a range of $0.0010 – 0.0013 after opening the trade at $0.0010 Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0033.