Alkame Holdings (OTCMKTS:ALKM) Stock Sees Buying At Lower Level
Shares of Alkame Holdings (OTCMKTS:ALKM) recovered a bit in the previous trading session after the recent sell-off.
Market Action:
On Friday, ALKM stock increased 3.57% at $0.0015 with more than 78.01 million shares, compared to its average volume of 32.85 million shares. The stock has moved within a range of $0.0013 – 0.0016 after opening the trade at $0.0013.
Company News
Publicly traded health and wellness technology holding company, Alkame Holdings (OTCMKTS:ALKM) on October 29, 2021, announced that the wholly-owned subsidiary West Coast Copacker, Inc. has got a commitment from Pacific Gourmet Sauces, LLC. The contract would entail the delivery of eight truckloads for the upcoming new year with the aggregate value being $265,000.
The original purchase for Teriyaki Sauce was given and shipped during this month and has received a very good response. The product has been made by celebrity TV Chef Shota Nakajima and will be carried through the holiday season as. The product’s acceptance rate has been positive in a short span of time. The product is available on www.pacificgourmetsauces.com as well as Amazon.
Robert EakleAlkameCEO, said that they are glad on witnessing a positive response and hope to assist for more sauces to the marketplace very soon.
A wholly-owned subsidiary, West Coast Co Packer is a specialty liquid and single-serve manufacturer as well as a contract manufacturer. This will be complementing and integrating with the company’s other subsidiaries including Bell Food and Beverage. The product is a specialty natural, organic liquid-based hot and cold fill food & beverage manufacturer in glass and PET bottles and jars. Alkame Holdings is focusing on patentable and eco-friendly consumer products.
Key Quote
“We are glad to see the positive response so soon, and we look forward to assisting in bringing additional sauces to the marketplace shortly for Pacific Gourmet” stated Robert Eakle Alkame CEO.
Traders Corner
ALKM stock is trading below the 20-Day and 50-Day Moving averages of $0.0016 and $0.0016 respectively. Moreover, the stock is trading below 200-Day moving average of $0.0021. The stock is up 18% in the past month.