Golden Star Enterprises (OTCMKTS:GSPT) Stock Falls Again: Down 43% In a Week

Shares of Golden Star Enterprises (OTCMKTS:GSPT) continued to move lower in the previous session and now down 43% in a week.

Market Reaction

On Monday , GSPT stock moved down 17.85% to $0.1643 with more than 274k shares, compared to its average volume of 83k shares. The stock has moved within a range of $0.1643 – 0.2145 after opening trade at $0.20.

Reports Success at Telco 2021, Israel

Israeli company Enigmai, a wholly-owned subsidiary of Golden Star Enterprises (OTCMKTS:GSPT), announced on December 27, 2021, that attendance at Telco 2021 in the country was a huge success.

Attended by some of the country’s largest call centers, the event provided the company to demonstrate innovative Workforce Management solutions to a large number of participants.

Organized by the pre-eminent consulting CEO at LiorLurye Computer Applications Ltd, a leader in Call Center solutions in the country for two decades, Lurye has worked with some of the biggest companies in the Israeli market.

Founded in 2009, Enigmai develops a novel and advanced solution for addressing challenges faced by large contact centers on workforce management.

ZivShalev, Enigmai’s head of Sales said that the event was a big milestone as its team was busy from beginning till the end answering queries from potential clients. Furthermore, the team also showed software’s success for potential clients.

Mrs. EitalMuskal, VP of Strategy and Business Development for Enigmai said that the team was occupied and believes that it shows high-level interest in the product.

Muskal added that the sales team would have a huge workload in the coming weeks.

Mr. Eliav Kling, CEO of Golden Star Enterprises said that the conference was the second trade event for the company in Israel and its success shows that there would be great results in fiscal 2022.

Traders Review

GSPT stock is trading below the 20-Day and 200-Day Moving averages of $0.2489 and $0.7159 respectively. Moreover, the stock is trading below the 100-Day moving average of $0.7105.

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