Big Screen Entertainment Group (OTCMKTS:BSEG) Stock Moves Up 18% In a Week

If you are currently looking into some of the stocks which have made strong gains over the course of the past week then it might be the right time to look into the Big Screen Entertainment Group (OTCMKTS:BSEG) stock. The stock has been in the middle of a strong move over the course of the past week and managed to clock gains of as much as 18% during the period.

Market Stats

On Tuesday, BSEG stock fell 2.50% at $0.0279 with more than 68k shares, compared to its average volume of 51k shares. The stock has moved within a range of $0.0211 – 0.0286 after opening trading at $0.0263.

Latest News

Yesterday, the stock was in focus once against after Big Screen Entertainment Group made a major announcement. The company announced that it was going to collaborate on the adaptation of the vampire saga book series Dead End Dating into a television series.

It is a major development for the production company that is based out of Los Angeles and it seems that investors have also taken note of the announcement. It should also be noted that Big Screen Entertainment Group is also a fairly busy production company at this point in time.

The Chief Executive Officer of the company Kimberley Kates spoke about the development as well. She stated that the book are ‘fabulous’ and went on to add that the company was excited to turn those books into a television series.

Traders Corner

BSEG stock is trading below the 20-Day and 50-Day Moving averages of $0.0297 and $0.0329 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0319. The stock is down 18% in the past month.