American Leisure Holdings, Inc. (OTCMKTS:AMLH) stock continued to edge higher on Thursday as the stock witnessed a huge rise in price along with massive volume. Moreover, the stock reached its new high in the previous trading session.
SNMN stock closed higher by 39% to close at 0.0032. What is more interesting is that the stock had witnessed its highest one-day volume since mid-December. Total volume for the session stood at 888.43 billion shares, compared to its average volume of 54.36 million shares. The stock had started the session with a minor jump and picked up momentum in late-morning trading as the stock went to a new high. The stock has been gaining momentum over the past few trading sessions and 60 80% in the past week.
So what triggered such a big move? Well, there was no news and as we all know penny stocks often do need news to trigger a big move.
The company had a market capitalization of $870k (based on the closing price on July 7, 2021).
American Leisure Holdings, Inc. develops vacation real estate in Orlando and Florida. It manages and distributes travel services; develops, sells, and manages travel destination resorts and vacation home properties; and develops and operates affinity-based travel clubs.
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