American International Holdings Corp (OTCMKTS:AMIH) Stock More Than Doubled in a Week: But Why?
American International Holdings Corp (OTCMKTS:AMIH) was up 8% and 103% in a week. The company has announced the launch of the EPIQ LUX discount program via its subsidiary EPIQMD.
Market Stats
On Wednesday, AMIH stock soared 8% at $0.1179 with more than 1.09 million shares, compared to its average volume of 273K shares. The stock has moved within a range of $0.1045 – 0.1200 after opening the trade at $0.1125.
Major News
This is an add-on feature for EPIQ MD customers looking to integrate the on-demand amenities into their primary telehealth services suite. CEO Jacob Cohen said that AMIH’s vision for telehealth goes beyond the basic mental healthcare and primary care of EPIQ MD. Cohen explained the EPIQ MD team is focused on this and aligns with the company’s mission by introducing the innovative EPIQ Lux discount program. The program has been designed to promote EPIQ MD’s growing preventative care program via a range of discounted offerings.
The add-on feature will be available to EPIQ MD’s Premier Services Plans for an extra $9.95 monthly. In addition, the EPIQ LUX program offers discounts for ancillary healthcare services, including lab services, prescription drug discounts, chiropractic health, dental and vision discount plans, imaging services, and home medical supplies services. So in the coming weeks, AMIH is worth watching.
Key Quote
“The AMIH vision for healthcare transcends far beyond EPIQ MD’s basic offerings of primary care, mental healthcare, etc.” comments Jacob Cohen, President and CEO of AMIH. “The EPIQ MD team understands this and, in alignment with our mission, have introduced the next stride in our evolution with our innovative Epiq LUX Program, which is designed to push forward EPIQ MD’s expanding preventative care initiative through an extensive array of discounted offerings”, further comments Mr. Cohen.
Traders Corner
AMIH stock is trading above the 20-Day and 50-Day Moving averages of $0.07 and $0.06 respectively. However, the stock is trading below the 200-Day moving average of $0.14. The stock is up 114 % in the past month.
