Stocks In Breakout Territory Making News This Week: SNRG, AITX, HNRC, CYBL, BLFE, IPA, KAVL

One of the more important things that investors ought to note about the stock market is that success often depends on being well informed about the latest events in the market. Hence, it may be necessary to look into the latest news with regards to select stocks from time to time in order to have a better idea about the market. This article provides you with a glimpse into some of the latest developments in relation to four stocks that you could consider adding to your watch list at this point in time.

Susglobal Energy Corp (OTCMKTS:SNRG): SusGlobal Energy Corp has been in the middle of a rollicking rally for quite a few days and the trend continued this morning as the stock soared by another 17% amidst heavy interest. That took the gains made by the stock in the past week to a staggering 93%. While it is true that there was no news about the company today it may be a good time to take a look at the development from back on March 29.

The stock is in a breakout on the technical chart with a 6-month chart confirming a solid breakout. The next phase of growth development comes online in Q3. Looking for a min of $1 by EOY.

SNRG chart analysis confirms the $1 target short-term chart is extremely bullish continue to buy the pulls!

Artificial Intelligence Technology Solutions (OTCMKTS:AITX) – The first company to make this august list is the artificial intelligence firm Artificial Intelligence Technology Solutions. There has been no news about the company today but last week on April 7 Artificial Intelligence Technology Solutions announced that its fully owned subsidiary unit Robotic Assistance Devices have managed to bag an order for as many as 4 units of the ROSA security robots.

The order had been placed by one of the biggest energy companies in the United States which happened to be privately held. The company has been announcing such orders for quite some time and the latest one was also an important one considering the profile of the client. It may now be a good idea for investors to consider adding the Artificial Intelligence Technology Solutions stock to their watch lists.

Cyberlux Corporation (OTCMKTS:CYBL) – The next one on the list is the company Cyberlux Corporation , which has been on the radars of investors for quite some time, and last week, it managed to clock gains of as much as 31%. The bullish trigger for the stock had come about due to the strong performance from Cyberlux in the fourth quarter of 2021.

However, analysts have noted that the stock is currently in the middle of a confirmed bull run due to the control the bulls now exert on it. It becomes apparent from the fact that since the beginning of March the stock has managed to deliver gains of as much as 105% and last Friday the stock had even hit its highest level in 2022 so far. It now remains to be seen if the Cyberlux stock can continue on its merry ways over the coming days or not.

Immunoprecise Antibodies Ltd (NASDAQ:IPA) (IPA.V) – There has not been a lot of news about IPA so far this month, however, back on March 29, the company had come into sharp focus following its announcement with regards to the acquisition of BioStrand BV. It is a revolutionary Biotherapeutics outfit that uses new-age technology and data to come up with new products.

In addition to that, it is also necessary to point out that IPA is also going to get hold of BioClue BV and BioKey BV, two of the fully owned subsidiaries of BioStrand. The company is based and known for its revolutionary artificial intelligence-backed protein-protein interactions predictions product.

Houston Natural Resources Corp (OTCMKTS:HNRC) – Houston Natural Resources projected that in the fiscal year ended on December 31, 2021, it was going to clock revenues to the tune of $20 million and EBITDA of $10 million.

On the other hand, Houston Natural Resources projected that it was expecting revenues to touch $5 million in the first quarter. In addition to that, the EBITDA earnings in the first quarter were also projected to be $2.5 million. Over the course of the past three years, Houston Natural Resources has been able to boost its revenues consistently, and hence, this projection is an important one. The steady rise in revenue has primarily taken place due to the rise in revenues from the companies it holds in its portfolio and also through fresh acquisitions.

BioLife Sciences (OTCMKTS:BLFE) stock has been in considerable focus among investors after the company announced last Friday the launch of its latest product, Copper Infused Gardening Gloves. It was a major new announcement from the company considering the fact that the Copper Infused Gardening Gloves product is one of the latest offerings from the company which belongs to its horticultural and agriculture department.

It ought to be noted in this regard that the department was launched fairly recently by the company and the latest launch is an indication that the company is taking its new business unit quite seriously. The gloves in question not only offer microbial protection and have been created with the help of the latest in the field of ergonomic research.

Kaival Brands Innovations Group Inc (NASDAQ:KAVL) – The next one that you ought to look into at this point in time is the Kaival Brands Innovations Group Inc stock. The company was last in the news back on March 17 this year when it announce its financial results for the first fiscal quarter of 2022 which ended on January 31, 2022.

Revenues dropped significantly in the quarter to $2.8 million from $37.4 million in the year-ago period. On the other hand, the gross losses in the period came in at $700000 and that made up as much as 24.3% of the total new revenues.


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