On Tuesday, the Pure Capital Solutions (OTCMKTS:PCST) stock traded within a range but that does not mean that the stock is one to be avoided. As it happens, the company did make a major announcement yesterday and it may be a good move to perhaps look into it.
Market Action
On Tuesday, PCST stock ended flat at $1.10 with 1 share, compared to its average volume of 111 shares. The stock moved within a range of $1.1000 – 1.1000 after opening trade at $1.10.
Nova Space Releases New Professional Development Program Courses At The 37th Space Symposium
The company announced yesterday that its subsidiary company Nova Space Inc had launched a new module of courses and thereby expanded its range of product offerings quite dramatically. The launch was accomplished at the same time as the 37th Space Symposium was being held.
New Space launched four new short courses in total. It has been claimed that there is considerable demand for such courses among professionals who wish to get upskiling lessons so that they can thrive in the space economy. In this regard, it is also ought to be noted that in its effort to upgrade its courses, Nova Space also invested in new technology.
Although the announcement did not lead to much of a move in the Pure Capital Solutions stock, it may be a good move from investors to currently keep the stock in their watch lists and watch for further moves.
Key Quote
Nova Space COO, Christopher Allen explains, “today’s professionals, regardless of industry, are facing the need to learn and adopt new skills faster than ever before. For employees to succeed outside of training, their learning journey needs to incorporate safe and challenging opportunities to practice new skills. By using CCAF as our design methodology, Nova Space students know that their time is being spent in learning experiences that are backed by science and trusted by over 300 of today’s Fortune 500 organizations to improve performance.”
Traders Note
PCST stock is trading below the 20-Day and 50-Day Moving averages of $0.55 and $0.75 respectively. Moreover, the stock is trading is the oversold zone with RSI stands at 18.
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