Following are the major gainers in the oil & gas sector on Friday. Make sure to put these on your watchlist for the month of July.
Universal Energy Corp. (OTCMKTS:UVSE) Stock Jumps 17%
UVSE is one of the biggest gainers in Thursday’s trading session. The stock opened with slight gains and by mid-day soared 17% to $0.0004. Interestingly, the rise has been supported by hefty volume with more than 35 million shares have traded hands, compared to its daily average volume of 72 million. Earlier this week, the company provided an update on the milestones the Company has accomplished in the first half of calendar year 2021 and unveil its guidance for the second half.
New America Energy Corp. (OTCMKTS:NECA) Continues to Move Up
NECA is moving higher by 3% to $0.0017. So far more than 18k shares have traded hands, compared to its average volume of 119.80 million shares. The stock has outperformed the broader market with a jump of 60% in the past month.
Allied Energy Corporation (OTCMKTS:AGYP) Continues To get Special Attention
AGYP is another active stock buzzer in the oil & gas sector. The stock has been gaining momentum since last week with a jump of 125% on increased volume. A recent string of Twitter updates show Allied Energy is making impressive progress at their Green and Gilmer leases located in Texas.
According to Finra, data from 29th June shows that 67% of the volume traded in Allied Energy or 528,378 shares out of 708,126 were marked as short. http://regsho.finra.org/FORFshvol20210629.txt
AGYP stock is trading above 50-day and 200-day moving average, signaling a solid breakout. Moreover, the stock is just 20% away from its multi-year high of $0.71. So there could be another new breakout once the stock crosses a new high. Keep an eye on AGYP stock.
At the time of writing, AGYP stock is trading higher by 3% at $0.65 after soaring 21% yesterday.
