DRP Journal

Discover Research Profit

Finance 

Affluence Corporation (OTCMKTS:AFFU) Stock On Radar After Recent News

Madison Hall , , , ,

This morning the Affluence Corporation (OTCMKTS:AFFU) stock could well be the one to watch as investors gear up for the last trading day of the week. As it happens, the company was in fact in the news yesterday after it made a major announcement yesterday.

Trading Data

On Thursday, AFFU stock moved down 1.72% to $0.0200 with 809.17K shares, compared to volume of 325.94K shares. The stock moved within a range of $0.0200 – 0.0228 after opening trade at $0.0210.

Affluence Corporation’s OneMind Technology Subsidiary on Display at the Smart City Expo World Congress 2022 Conference

Affluence, which is in the Internet of Things space, announced yesterday that OneMind Technology as well as the Hypervisor product were going to be showcased at an industry event. The event in question is the Smart City Expo World Congress 2022 Conference that is going to be held between November 15 and November 17 in Barcelona, Spain. It is one of the biggest international events in the smart city space and more than 24000 attendees are going to be there.

The Chief Executive Officer of Affluence, StephaneEyme spoke about the development as well. He noted that in the partners events in the past the company had fared well and everyone at the company was highly excited at having the opportunity to showcase the above mentioned products at the conference in Barcelona. However, that is not all. It was also announced yesterday that Affluence was also going to participate in a pair of significant speaking engagements.

Key Quote

“Based on our previous successful showings at prior partner events I am pleased to announce that next week November 15th through the 17th OneMind Technologies is invited as a technology partner by Dell Technologies (NYSE: DELL),” said Stephane Eyme, CEO of OneMind Technologies. “We are extremely excited to be able to demonstrate how the OneMind IoT Hypervisor solution can help add value to intelligence systems and manage and prevent safety, security and digital city incidents. Please stop by the Dell Technologies and Nvidia Software (NASDAQ: NVDA) stand and to view Dell’s Digital City Solution, Powered by OneMind Technologies,” said Eyme.

Technical Data

AFFU stock is trading below the 20-Day and 50-Day Moving averages of $0.0218 and $0.0285 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0408.

Madison Hall

After graduating from the University of Buffalo, Madison gained a real interest in the markets. She tends to be a swing trader and enjoys Pilates and yoga in her downtime.