KYN Capital Group (OTCMKTS:KYNC) Stock Witnesses Bullish Action: Jumps 34%
Following a recent development with regards to the KYN Capital Group’s (OTCMKTS:KYNC) CTO as well as exclusive partner BW Property Management on Tuesday, the company’s stock came into sharp focus among investors.
Traders Corner
KYNC stock is trading below the 20-Day and 50-Day Moving averages of $0.0067 and $0.0109 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0108.
KYN Capital Group CTO and Exclusive Partner Named to Inc. Magazine’s Best in Business Receiving Gold Award
Yesterday, it emerged that BW Property Management had been selected in the Best in Business list in the ‘Lean and Mean’ category of Inc Magazine. In addition to that, the company also got the 1st place at a national level. It naturally came as a significant boost to KYN Capital Group as well and as investors piled on to the stock in a big way, the stock ended the day with gains of as much as 34%.
Yesterday, it emerged that after the announcement with regards to the honour, BW Property Management and KYN Capital Group started talks with regards to a long term association.
The move from the company is aimed at bringing about significant growth as well as scale to its operations over the long term. In light of such strong gains recorded by the stock on Tuesday, it is likely that the stock is going to be come on to the radars of investors this morning as well. It may be a good time to keep an eye on the KYN stock today.
Key Quote
Scott Omelianuk, editor-in-chief of Inc., says, “What began for us during the pandemic as an effort to showcase companies that were helping the community has grown into a recognition of social, environmental, and economic impact. The companies on this year’s list are changemakers with heart – and they’re pouring the best of their business into the people and communities around them.”
Traders Corner
KYNC stock is trading below the 20-Day and 50-Day Moving averages of $0.0067 and $0.0109 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0108.
