BioCube, Inc. (OTCMKTS:BICB) was in special limelight on Friday as the stock made a big move on unusual volume. Moreover, the stock made a new high in the previous trading session.
BICB stock closed higher by 346.81% to $0.0210 and made a new high of $0.0450. What is more interesting is that the stock had witnessed its highest one-day volume at least in the past year. Total volume for the session stood at 12.63 million shares, compared to its average volume of 220K shares.
So what triggered such a big move? Well, there was no news and as we all know penny stocks often do not need news to trigger a big move.
But, one should note that the company does not have any active official website, and one needs to be careful while trading momentum-driven penny stocks. The last news released by the company was back in 2016. The company has a market capitalization of $12.52 (based on the closing price on June 25, 2021).
BioCube, Inc. is a biotechnology company that seeks to identify, mentor and facilitate the development of technologies, products and services for medical and biological applications.
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