BioNeutra Global Corporation (OTCMKTS:BGACF) Stock Doubled on Unusual Volume

There were many stocks which recorded significant gains on Friday and one of those was the BioNeutra Global Corporation (OTCMKTS:BGACF) stock. The stock came into sharp focus on Friday and ended up delivering gains of as much as 100% as a consequence.

Market Action

On Friday, BGACF stock up by 100% to $0.96 with 22.3K  shares, compared to its average volume of 13.67K shares. The stock has moved within a range of $0.1250 – 0.9600 after opening trade at $0.96.

Bioneutra Announces Change Of Chief Financial Officer

In light of that, it may now be a good time for investors to take a closer look at the announcement made by the company on Friday. The company announced that it had appointed Yiyuan Jiang as the Interim Chief Financial Officer with immediate effect and he came in as the replacement for David W Huber.

It goes without saying that it was a significant announcement from BioNeutra Global and it seems that investors have also welcomed the move wholeheartedly. It now remains to be seen that whether the BioNeutra Global stock can continue to add to its gains this week or not.

The appointment of Jiang is an important one since he has been with the company since as far back as 2016 and the last position that he held at BioNeutra Global was that of the Financial Controller. At this point in time, it may be a good idea for investors to add the stock to the watch lists.

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