The last week has been a fairly good time for investors in the DGTL Holdings Inc (OTCMKTS:DGTHF) stock and that has been reflected in the price action in its stock. The DGTL stock has managed to clock gains of as much as 17% during that period and it may now be a good time for investors to possibly start tracking it.
Market Action
On Monday, DGTHF stock ended flat at $0.1867 with 175 shares traded, compared to its average volume of 4.6k shares. The stock has moved within a range of $0.1867 – 0.1867 after opening trade at $0.1867.
DGTL Holdings Inc. Announces Closing of Financing
As a matter of fact, the company was in the news on Monday after it announced that it had been successful in completing the second and concluding tranche of its private placement. The private placement had been announced previously by DGTL.
In this final tranche of the private placement, the company offered as many as 38 Subscription Receipts and set the offering price for the same at $1000 each. It managed to bring in total gross proceeds to the tune of as much as $38,000. It should be noted that the first tranche of the private placement had actually been completed by the company back on December 7, 2021.
The second tranche brought the total number of subscription receipts offered by DGTL to as many as 1068 and the aggregate proceeds for the same stood at $1,068,000.
Traders Note
DGTHF stock is trading below the 20-Day and 50-Day Moving averages of $0.1994 and $0.1870. Moreover, the stock is trading is the neutral zone with RSI stands at 48.
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