On Monday the EnerCom Inc (OTCMKTS:EMPR) stock traded within a range but at the same time it is necessary to keep in mind that the company also made a key announcement.
Market Action
On Monday, EMPR stock ended flat at $2.95 with 3.3K shares, compared to its average volume of 5.1K shares. The stock moved within a range of $2.7000 – 2.9500 after opening trade at $2.80.
Key Details
Yesterday the company announced the identities of the companies that will participate at the EnerCom Dallas Energy Investment & ESG Conference that is going to be held from April 6 to April 7 this year. It is a key event for the company and for the ESG industry at large. The conference is going to allow institutional investors to meet the management of some of the major energy companies in the sector. In addition to that, oilfield services companies supporting the ESG industry are also going to be present.
The President of EnerCom, Aaron Vandeford, spoke about the event as well. He stated that it will give institutional investors to get an early look at some of the leading companies in the sector and hear about their plans for 2022.
In addition to energy companies, energy transition firm, oil and gas producers and services firms are going to make presentations there. It may be a good idea for investors to keep the EnerCom stock in their sights this week.
Traders Note
EMPR stock is trading above the 20-Day and 50-Day Moving averages of $2.91 and $2.93 respectively. Moreover, the stock is trading is the neutral zone with RSI stands at 51.
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