Machine learning and artificial intelligence firm QuantGate Systems Inc (OTCMKTS:QGSI) saw its stock emerge as one of the biggest movers over the course of the past month as it clocked gains of as much as 64% during the period.
Market Reaction
On Tuesday, QGSI stock ended flat at $0.82 with more than 200 shares, compared to its average volume of 58K shares. The stock moved within a range of $0.0820 – 0.0820 after opening trade at $0.0820.
Smarttbot, a Brazilian Bot-Trading Firm, Has Announced That It Has Integrated with QuantGate to Offer Its Best Performing Trading Bot to Date
In light of such enormous gains, it may be a good time for investors to consider taking a closer look into the QuantGate stock. As a matter of fact, the company was in the news on Tuesday after it announced that the Brazilian financial technology solutions provider OLUÇÕES DE SOFTWARE INTELIGENTES SA had chosen to integrate with technologies from QuantGate.
In addition to that, the two companies also reached an agreement with regards to a revenue sharing contract. The Brazilian company, which operates as a bot trading outfit, announced that it had decided to integrate with QuantGate in order to offer the best performing trading bots.
The move is a direct consequence of OLUÇÕES DE SOFTWARE INTELIGENTES SA and its efforts to add machine learning as well as artificial intelligence to its trading bots. It is directly related to bring about an improvement in the performance of these bots. It may be a good move to add QuantGate to your watch lists today.
Key Quote
Smarttbot, a Brazilian Bot-Trading Firm, Has Announced That It Has Integrated with QuantGate to Offer Its Best Performing Trading Bot to Date
Traders Review
QGSI stock is trading above the 20-Day and 50-Day Moving averages of $0.0729 and $0.0609 respectively. However, the stock is trading below the 200-Day moving average of $0.0985.
