Ecosciences Inc (OTCMKTS:ECEZ) Stock Doubles on High Volume: Here is Why

This morning investors are almost certainly going to be looking into the Ecosciences Inc (OTCMKTS:ECEZ) stock, which had managed to clock gains of as much as 100% this past Friday.

Market Reaction

On Friday, ECEZ stock soared 100% to $0.0002 with more than 148.46 million shares, compared to its average volume of 43.68 million shares. The stock moved within a range of $0.0001 – 0.0002 after opening trade at $0.0002.

Recent Development

While it is true that there has been no news at all about the company in recent days, it may be a good idea for investors to consider the development from back on April 4. At the time, the company provided updates and also discussed the sort of significant market opportunity that existed for the TAB line of eco-friendly products that Ecosciences produced. The products also include the consumer oxy tabs ECO-NOW.

The company pointed out the fact that since 20% of homes in the United States did not have connection to a common sewerage system, the expenses for septic maintenance for the average citizen was between $295 and $800 a year.

However, products like Oxy Tabs like ECO-NOW could actually be used to reduce those expenses considerably. The company noted that it was a product that has proven to be effective in this regard. It is now going to be interesting to see if further news about the company’s plans is revealed in the coming days.

Traders Review

ECEZ stock is trading above the 20-Day and 50-Day Moving averages of $0.0001 and $0.0001 respectively. However, the stock is trading below the 200-Day moving average of $0.0002.

Admin

Leave a Reply

Your email address will not be published. Required fields are marked *