ADM Endeavors Inc (OTCMKTS:ADMQ) Stock Attempts To Rebound After The Fall
Shares of ADM Endeavors Inc (OTCMKTS:ADMQ) ended higher on Thursday. The stock is down 3% over the past week.
Market Stats
On Thursday, ADMQ stock was up 3.30% to $0.0787 with more than 29K, compared to its average volume of 225k shares. The stock has moved within a range of $0.0788 – 0.0788 after opening trading at $0.0788.
ADM Endeavors, Inc. Retains Barwicki Investor Relations to Provide a Global Investor Relations Program
ADM Endeavors Inc (OTCMKTS:ADMQ) on December 14, 2021, announced new contracts with the City of Watauga, City of Everman, and Town of Addison.
All three entities have put opening orders and would be continuing to place orders. Acquired through ADM Endeavors’ wholly owned subsidiary Just Right Products Inc will be continuing to focus on contract and government bids.
ADM Endeavors’ CEO Marc Johnson said that though government contracts are low margin but fit well with growth plans for the firm. Johnson added that the contracts are predictable, stable as well as financially secure.
He added that specific uniform sourcing needed for fulfilling contracts will enable to service corporate customers along with creating a higher margin on non-government sales.
The company also announced the retention of New York-based investor relations platform, Barwicki Investor Relations, for initiating and maintaining a strategic investor relations program. The investor relations firm will give shareholder communications services as well as help the firm expand on engagement with institutional and retail communities besides expansion of market awareness.
CEO Marc Johnson added that he is looking forward to working with the investor relations firm due to the approach and style. Furthermore, Johnson opined that he and Andrew would be working together on several strategic areas to generate value for existing and new shareholders.
Traders Corner
ADMQ stock is trading below the 20-Day and 50-Day Moving averages of $0.0790 and $0.0759 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0788. The stock is down 10% in the past month.
