Micro cap stocks have always been in focus among plenty of investors and the appeal for those stocks lies in the fact that there is the possibility of considerable gains. One of the micro cap stocks to have emerged as a major gainer over the past few days is that of Nutranomics Inc (OTCMKTS:NNRX).
Yesterday, the stock attracted plenty of investors and ended up clocking gains of 32%. The gains made by the Nutranomics stock yesterday took its gains for the past week to as much as 45%. The stock has clearly made a powerful run in the past week and much of that has been fuelled by the inherent popularity of the stock among investors at this point in time.
At this point, the stock has emerged as one of the most discussed and actively searched stocks online. The buzz about a stock on the internet can often be a major factor behind big gains and hence, the online popularity of the Nutranomics stock is something that may have had a bearing on the rally. A look at the action in the stock revealed that investors are accumulating the stock in hordes and may have resulted in the steady upward move.
Market Reaction:
On Tuesday, NNRX stock jumped 32% at $0.0015 with more than 703.20 shares, compared to its average volume of 230.31 million shares. The stock has moved within a range of $0.0011 – 0.0015 after opening the trade at $0.0012. Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0033.