There has been no news at all about Advanzeon Solutions Inc (OTCMKTS:CHCR) for a long time and hence, it is perhaps not a surprise that the stock was trading within a range on Thursday.
Market Action
On Thursday, CHCR stock ended flat at $0.0001 with more than 26k shares, compared to its average volume of 10K shares. The stock has moved within a range of $0.0001 – 0.0001 after opening the trade at $0.0001.
Advanzeon Solutions, Inc.’s Wholly-Owned Subsidiary Announces Launch of Its SleepMaster Solutions Program with CoreChoice
However, at the same time, it is also important to remember that stocks which trade within a range can also break out eventually in a big way and hence, these stocks could be tracked as well. The last time any news emerged about the company was back in April last year and hence, it could be a good idea for investors to possibly take a look at it.
At the time it was the company’s fully owned subsidiary company Pharmacy Value Management Solutions Inc which made the announcement. Pharmacy Value announced that it had finally launched its sleep arena programme in collaboration with CoreChoice.
While it is true that it was a significant announcement from Pharmacy Value, it is quite unlikely that the announcement is going to have a massive bearing on the Advanzeon stock at this point in time. It is perhaps a good time for investors to keep an eye on the news with regards to the company.
Key Quote
“The SMS Program was originally scheduled for a segmented roll out by CoreChoice commencing in March of this year. However, the timing was slightly delayed by reason of the COVID-19 pandemic. The SMS Program has now been rolled out to the first segment of our population consisting of approximately 350 of our walk-in clinics, which services in excess of one million of our Members and their dependents. While this initial launch reaches a smaller segment of our population, in view of the COVID-19 pandemic, we thought it important to immediately make the SMS Program available to as many of our Members as possible. It is our plan to continue our roll out of the SMS Program to additional segments of our population as quickly as possible,” stated Dr. Steven F. Gass, CoreChoice’s Chief Executive Officer.
 Stock In Focus After Launching SleepMaster Solutions Program){kind=link}