In the past month, the Purilock Security Inc (OTCMKTS:PLCKF) (CVE:PLUR) stock has been the middle of a steady upward move and has managed to clock gains of as much as 8% during the period.
Market Action
On Thursday, PLCKF stock ended flat at $0.3240 with 21K shares, compared to its average volume of 12k shares. The stock has moved within a range of $0.3240 – 0.3240 after opening trade at $0.33.
Plurilock’s Aurora Systems Receives US$239,000 Purchase Order from U.S. Department of the Navy
The company mainly works through its subsidiaries and is best known for cybersecurity solutions which are related to identity of workforces. Yesterday, the company was in focus once again after Purilock made an announcement with regards to its fully owned subsidiary company Aurora Systems Consulting Inc. Yesterday, it was announced that Aurora Systems had managed to bag an order worth as much as $239000 from the United States Department of Navy.
The order was part of the National Aeronautics and Space Administration’s (NASA) Solution for Enterprise-Wide Procurement (SEWP) initiative which has been established by Government-Wide Acquisition Contract Vehicle. It goes without saying that a contract of that nature is a major development for Aurora Systems and by extension, for Purilock.
It is now going to be interesting to see if the stock can manage to manage to add to its gains over the course of the coming days. It may be a good time for investors to add the Purilock stock to their watch lists.
Traders Note
PLCKF stock is trading below the 20-Day and 50-Day Moving averages of $0.3299 and $0.3407. Moreover, the stock is trading is the neutral zone with RSI stands at 46. The stock is up 8% over the past month.
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