Bounce Mobile Systems Inc (OTCMKTS:BNCM) Stock To Watch After Strategic Partnership with 1DIGITAL
Back on Friday, the Bounce Mobile Systems Inc (OTCMKTS:BNCM) stock was in the middle of a fairly strong selloff and thereby ended the day with a decline of as much as 4%.
Market Stats
On Friday, BNCM stock fell 4% to $0.13 with 17.5K shares, compared to its average volume of 4.7K shares. The stock moved within a range of $0.1300 – 0.1311 after opening trading at $0.1311.
BNCM and GIGSBOSS forms Strategic Partnership with 1DIGITAL
Before the start of the trading day this morning, it might be the right time for investors to perhaps take a look at the key announcement from the company yesterday. On Sunday it emerged that the company, along with GIGSBOSS went into a Strategic Partnership Agreement with the company 1DIGITAL TECHNOLOGIES CORP by way of which GIGSBOSS was going to be promoted. It was a major new appointment from the company and one that could bring the stock into focus today among investors.
GIGSBOSS is a platform that allows freelance professionals to set up their profiles and then look for suitable projects free of cost. On the flipside, actual customers can also search for freelancers for their projects for free. 1DIGITAL TECHNOLOGIES is company that is based out of the Philippines and is involved in digital marketing and business development.
The company will be responsible for promoting GIGSBOSS online. At this point in time it may be a good idea for investors to perhaps keep an eye on the Bounce Mobile Systems stock.
Key Quote
We are extremely honored to have 1DIGITAL as an expert in the field of digital marketing, as one of our partners in our mission to improve the economic well-being of communities across the world…”
Traders Corner
BNCM stock is trading below the 10-Day and 20-Day Moving averages of $0.2140 and $0.3633 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.4374.
