ALR Technologies Inc (OTCMKTS:ALRT) Stock Continues to Trend Lower: Now What?

ALR Technologies Inc (OTCMKTS:ALRT) stock was in focus as the stock ended with mild fall. The stock has lost 85 over the past week.

Market Action

On Thursday, ALRT stock closed down by 1.80% at $0.0550. More than 129K shares have exchanged hands, below its average volume of 80K shares. The stock opened at $0.0560 and moved in a range of $0.0550 – 0.0565.

ALR Technologies Releases New Website and Investor Presentation

Here are the highlights:

ALR Technologies announced that the Company has released a new investor presentation that can be viewed at www.alrt.com/investors. The Company invites investors and interested parties to explore the recently redesigned corporate website.

Key Quote:

“ALRT is at an inflection point, moving forward with high-level negotiations and due diligence processes that will be transformational to the fundamentals of our company. We want to ensure that our presentation and website concisely convey our strategic positioning in the human and animal diabetes markets as innovators of product, services, technology and big data,” commented Sidney Chan, Chairman and CEO at ALR Technologies. “Our team, which includes the key additions of Joe Stern as Head of Animal Health, Pete Riojas as Head of Global Commercial and Business Development, and Jacqueline Wu as Head of Corporate Marketing, looks forward to a consistent flow of announcements providing ALRT investors a transparent view of our developments over the coming weeks and months.”

Trader Notes:

ALRT stock is trading below all the key moving averages of 200-Day SMA stand at $0.0583 – signaling a weak momentum. Moreover, RSI stands at 36 – giving a neutral sign.