Golden Grail Technology (OTCMKTS:GOGY) Stock Gains: Announces Cause Water in Retailers on the West Coast

Anyone who is currently looking into stocks which may have managed to record significant gains in the past week could do well to take a look at the Golden Grail Technology (OTCMKTS:GOGY) stock. During the past week, the stock has moved strongly and has managed to record gains to the tune of as much as 23%.

Market Stats

On Thursday, GOGY stock gained 1.41% to $0.1978 with more than 106k shares, compared to its average volume of 219K shares. The stock moved within a range of $0.1805 – 0.2075 after opening trading at $0.1950.

Golden Grail Tech Beverages Announces Cause Water in Retailers on the West Coast

The company, which is involved in growing its portfolio of beverage products, was in the news on Thursday after it announced that one of its brands, Cause Water, had been put on retail shelves in the West Coast of the United States. In this context, it is also necessary to keep in mind that Cause Water was a beverage line that Golden Trail acquired recently.

It was an important announcement from the company and was an indication of the fact that a recently acquired brand was on its way to generating revenues. The product has been made available in some of the top rated natural food chains in the West Cost. It is going to be available on the shelves of Sprouts, Jensens and Jimbo’s. At this point in time, it could be a good move to add the stock to your watch lists.

Traders Corner

GOGY stock is trading below the 20-Day and 50-Day Moving averages of $0.32 and $0.38 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.14.