Even when stocks record considerable declines, it might prove to be an opportunity for certain investors to get into it at a discount and in order to figure it out it is necessary to take a closer look at the company. In the past week, the Reliq Health Technologies Inc (OTCMKTS:RQHTF) stock has had a pretty tough time and tanked by as much as 16% during the period.
The company is one of the fastest growing companies in the telemedicine space and yesterday, it was in the news after it announced some new contracts. The company revealed that by virtue of its existing partnership with Maxlink Health, Reliq Health announced it signed new contracts by way of which it will provide its iUGO Care platform to three doctors located in Dallas.
Despite the recent fall in the stock price, it cannot be denied that signing of new contracts for its platform is a significant positive for Reliq Health. Lisa Crossley, who is the Chief Executive Officer of the company, stated that the partnership with Maxling Health has been quite fruitful and it has helped Reliq Health in getting access to customers in the North Texas region.