Neutra Corp (OTCMKTS:NTRR) Stock Takes a Hit After Key Updates
Neutra Corp (OTCMKTS:NTRR) fell 22% after the company noted that it is finalizing the upgrade on its eCommerce platforms for the Deity Wellness and VIVIS subsidiaries and anticipates to be live in the coming weeks.
Market Stats
On Monday, NTRR stock slumped 22.22% to $0.0007 with more than 65.03 million shares, compared to its average volume of 12.81 million shares. The stock moved within a range of $0.0007 – 0.0009 after opening trading at $0.0009.
Neutra’s Revamped eCommerce Sites to Provide Powerful Platform for Upcoming Deity Wellness Product
The enhanced sites’ first aim will be to assist with the development of a new high-value, high-quality Deity product that will provide a powerful hemp-based alternative to the booming cannabinoid industry.
CEO Sydney Jim said that the company’s new product offering would be a huge hit with its clients. The company has always been a forward-thinking business, and the latest product and the updated online marketplaces are about looking to the future. In these increasingly difficult economic times, the company views the future as developing high-quality hemp-based options that people can buy.
Jim said they also believe that having a strong internet presence is essential for future success. With these activities, the company is better-positioned for success. Therefore, NTRR is worth watching.
Key Quote
“Our customers are going to really enjoy our new product offering,” said Neutra CEO Sydney Jim. “We’ve always been a future-oriented company and the new product along with the upgraded ecommerce sites are all about reaching towards tomorrow. We see the future as producing quality hemp-based alternatives that consumers can afford in these increasingly troublesome economic times. And we view a significant online presence as necessary for future success. We’ll be well-positioned for that success with these actions.”
Traders Corner
NTRR stock is trading below the 20-Day and 50-Day Moving averages of $0.0010 and $0.0012 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0024.
