Darkpulse Inc. (OTCMKTS:DPLS) dropped 21% last week on profit-taking following a recent jump. However, the stock has been moving up the charts in the past few days, surging to surpass a dime with an average daily volume of $10 million.
Heavy penny stock hitters have noticed DPLS, and the stock has emerged as a favorite among investors, and it is the most talked-about and searched small-cap stock. The company deals with fiber sensors, and currently, Darkpulse’s system beats most companies of distributed fiber sensors. Because of its capabilities and positioning as a leader in the industry, it is likely to win major government contracts.
Recently, the company enhanced its management team with the appointment of Mr. Faisal Faooqui as the Middle East & North Africa (MENA) and Asia-Pacific (APAC) director. The company employs the latest laser-based monitoring systems to offer quick and accurate strains, stresses, and temperature monitoring. Its tech does well when used in live critical structural and infrastructural monitoring such as pipeline, mining safety, and structural surveillance. So, in the coming weeks, DPLS is a stock to watch.
Market Reaction:
On Friday, DPLS stock fell 11.3.8% at $0.1145 with more than 61.96 million shares, compared to its average volume of 99.11 million shares. The stock has moved within a range of $0.1061 – 0.1291 after opening the trade at $0.1280. Over the past 52-week, the stock has been trading within a range of $0.0001 – 0.2020.
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