DarkPulse Inc (DPLS) Stock Soars 350% in a Month: How to Trade Now?
Laser sensing systems company DarkPulse Inc (OTCMKTS:DPLS) has seen its stock go on a pretty remarkable run in recent weeks and over the course of the past month alone it has managed to clock gains of 350%.
Considering the magnitude of the gains made by the stock, it could be a good move from investors to take a look at some of the recent developments and then make up their minds about the Dark Pulse stock. Earlier on this week, the company announced that it inked a letter of intent with regards to the acquisition of the drone based company TerraData Unmanned PLLC.
It could be a major acquisition for the company considering the fact that the company offers geo rectified 3D rectified mapping services for a range of industries. In addition to that, it should be noted that at a time when public safety concerns are rising, the services provided by TerraData provides its services across all the domains, air, earth and water.
The rally in the stock has been quite remarkable over the course of the past month and it is going to be interesting to see if the momentum can be actually sustained in the coming days.
Market Action:
As of 11:50, DPLS stock is up 7% to $0.0930 with more than 63.62 million shares, compared to its average volume of 75.55 million shares. The stock has moved within a range of $0.0875 – 0.0949 after opening the trade at $0.0887.