There were many stocks which managed to make a strong move on Tuesday and one of those was the Tego Cyber (OTCMKTS:TGCB) stock. The stock attracted the interest of investors in a big way yesterday and ended the day with gains of as much as 13%.
Market Action
On Tuesday, TGCB stock was up 13% to $0.79 with 3.1K shares, compared to its average volume of 5.3K shares. The stock has moved within a range of 0.7100 – 0.8999 after opening trade at $0.71 .
Earnings Review
While the gains made by the stock may have been substantial, it needs to be pointed out that the gains may have been triggered by the fact that the company’s Chief Executive Officer Shannon Wilkinson joined The Stock Day Podcast. The comments from Wilkinson at the Podcast seemed to have led to optimism among investors about the cyber intelligence threat firm.
In the interview, Wilkinson first provided a lowdown of the company and its business. She also spoke about the cyber threat intelligence app that the company is current developing. However, in addition to that, Wilkinson also spoke at length about the company’s first quarter financial results during the course of the chat with The Stock Day Podcast host Everett Jolly.
Appearances on such popular podcasts can often lead to higher awareness about the stock and also provide investors with a better about a company. It remains to be seen if the Tego Cyber stock can add to its gains today.
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