Nano Mobile Healthcare Inc (OTCMKTS:VNTH) Stock Turns Volatile After Recent Developments
In recent times, many companies involved in the crypto space have generated considerable interest from investors and one of those is the Nano Mobile Healthcare Inc (OTCMKTS:VNTH) stock.
Market Stats
On Monday, VNTH stock slid 1.69% at $0.0058 with more than 69.60 million shares, compared to its average volume of 148.31 million shares. The stock has moved within a range of $0.0054 – 0.0064 after opening the trade at $0.0058.
Nano Mobile Moves into Gaming/Crypto with New CEO David Noah Kittle
The company is currently involved in the NFT (non-fungible token), crypto and gaming spaces and over the course of the past week the Nano Mobile Healthcare stock has managed to record gains of as much as 6%. While the gains may be notable, it is perhaps also necessary to keep in mind that there has been no news at all about the company in the past week. Hence, the rally might appear speculative to some investors.
The last time any news emerged about the company was back on October 15 and at the time Nano Mobile Healthcare presented David Noah Kittle as its new Chief Executive Officer.
The appointment of a new CEO is almost always a major move from a company and hence, it goes without saying that the appointment from Nano Mobile Healthcare must have created its fair amount of interest among investors. However, in light of the latest rally, it might be a good idea for investors to keep an eye on any news that might emerge about Nano Mobile Healthcare in the coming days.
Key Quote
“I’m honored and excited to come on board with Nano Mobile to help steer the company towards technological innovation. I’ve numerous ideas I’m seeking to develop for both Mergers and Acquisitions with products in the gaming and Crypto universe. I’m planning to use our 7 figure capital investment to aggressively grow the Company.” CEO David Kittle
Traders Corner
VNTH stock is trading above the 50-Day and 200-Day Moving averages of $0.0048 and $0.0023 respectively. However, the stock is trading below the 20-Day moving average of $0.0064. The stock is down 18% in the past month.
