Those interesting in stocks in the solar power sector could do well to consider having a look at the Solar Integrated Roofing Corp (OTCMKTS:SIRC) stock, which ended up with gains of as much as 7% this past Friday. The company is involved in single source solar power, roofing systems installation and also in the electric vehicle charging space among others.
Market Reaction
On Friday, SIRC stock moved up 7% to $0.3039 with more than 1.99 million shares, compared to its average volume of 1.67 million shares. The stock moved within a range of $0.2865 – 0.3099 after opening trade at $0.30.
Key Details
Back on April 18, it had come into focus among investors after it had announced that its management was going to take part at the Planet MicroCap Showcase event for 2022 that was going to be held in Las Vegas. That event was going to take place on April 18.
In addition to that, it was also noted that the company was also going to participate in the LD Micro Invitational XII that was going to take place in Los Angeles. Investors need to also note that ti was also announced that at the conference, the management from Solar Integrated was going to be involved in one on one meetings at both the events. The company had also been pencilled in for a presentation at the event that was going to take place in Las Vegas.
Traders Review
SIRC stock is trading below the 20-Day and 50-Day Moving averages of $0.32 and $0.35 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.42.
