Many investors are known to look into stocks which make considerable gains over a one week period and if one does so, then the gains made by the Protext Mobility Inc (OTCMKTS:TXTM) are hard to ignore.
Over the course of the past week, investors have piled on to the Protext stock in a big way and that resulted in the 110% gains that have been clocked by it during the period. Despite the enormous gains, it should be noted that the rally in the stock may be entirely speculative since there has been no material news about the company in recent days.
It was back in March this year that Protext Mobility was in the next last time. At the time the company had provided an update to the general public and also to its shareholders with regards to the fact that it had hired the services of a CPA firm.
The CPA firm was going to be responsible for helping Protext Mobility with the task of updating its financial for the years 2019 and 2020. The announcement had been made by the company at the beginning of March and at the time, Protext Mobility noted that the process was going to be completed by the middle of March.
Market Reaction:
On Wednesday, TXTM stock fell 13% at $0.0038 with more than 745.66 million shares, compared to its average volume of 153.64 million shares. The stock has moved within a range of $0.0031 – 0.0049 after opening the trade at $0.0046. Over the past 52-week, the stock has been trading within a range of $0.0002 – 0.0080.
 Stock Rockets 110% in a Week: What’s The Buzz?){kind=link}