Boatim Inc (OTCMKTS:BTIM) Stock In Focus After Recent Updates

Shares of Boatim, Inc (OTCMKTS:BTIM) have been moving within a narrow range over the past few sessions.

Market Stats

On Wednesday, BTIM stock ended flat at  $0.19 with more than 84K shares, compared to its average volume of 25K shares. The stock moved within a range of $0.1800 – 0.1899 after opening trading at $0.1899.

Boatim Now Serves Over 20,000 Businesses and Showcases Over $1 Billion in Worldwide Boat and Yacht Inventory

Innovative software company hosting recreational boating platform for consumers, Boatim, Inc (OTCMKTS:BTIM) on March 16, 2022, confirmed that the Boat International Marketplace serves more than 20,000 boating businesses. The International Marketplace includes service providers and hard-to-find marinas, giving boaters access to service, information and goods needed, in a single site, with more than $1 billion in boat and yacht inventory.

Boatim Now Serves Over 20,000 Businesses and Showcases Over $1 Billion in Worldwide Boat and Yacht Inventory

Furthermore, the company is becoming an international marketplace for the recreational boating industry as it offers customized branded websites to multiple stakeholders. This includes dealers, service providers, boat manufacturers, and all other boat-related information. This enables small businesses to have some advantage in the boating industry.

Additionally, Boatim launched the “Women in Boating” series on Boatim.com. The company’s motto “everything boat, everywhere” includes not just each business but also members of the recreational boating community. CEO Joseph Johnson opined that by providing a voice to professionals, highlighting hobbies and careers as well as encouraging boating, the company is facilitating industry advancement.

Boatim continues to build digital tools disrupting the leisure boating industry as it also has resources to assist victims of the Ukraine conflict. By working with professionals and other artists, it is attempting to raise funds for those impacted by the tragedy.

Traders Corner

BTIM stock is trading below the 20-Day and 50-Day Moving averages of $0.2035 and $0.2012 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.2562.

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.