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Agtech Global International Inc (OTCMKTS:AGGL) Stock Soars 45% in a Week: What Next?

Madison Hall , , , , , , , , ,

Those who are currently looking into stocks which might have made strong gains over the course of the past week could do well to take a closer look at the Agtech Global International Inc (OTCMKTS:AGGL) stock. Over the course of the past week the Agtech Global stock has emerged as one of the more notable gainers and clocked gains of as much as 45% during the period.

Market Reaction:

On Monday, AGGL stock fell 1.53% at $0.2290 with more than 106k shares, compared to its average volume of 37k shares. The stock has moved within a range of $0.1903 – 0.2875 after opening the trade at $0.2875.

Here To Serve Holding Corp’s Equity Asset KRTL Biotech Inc. Signs MOU with Agtech Global International Inc. to Receive a $2,000,000 Investment

Yesterday, the company was in the news as well after it emerged that it signed a Memorandum of Understanding with KRTL Biotech (OTCMKTS:HTSC). As per this MoU, the company is going to pick up a 10% stake in KRTL Biotech for a consideration of $2000000.

The latest deal is a significant one for Agtech Global since it is going to provide the company with a revenue sharing model and in addition to that, it will also get a set of commercial licensing rights. More importantly, KRTL also noted that following the fresh investment from Agtech Global, it was considering entering disruptive spaces in the medicine industry. If that move succeeds, then it will only be a positive for Agtech Global. It remains to be seen if the stock continues to add to its gains over the coming days.

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.