Green Stream Holdings (GSFI) Stock Suddenly Jumps: Here is Why
Green Stream Holdings Inc (OTCMKTS:GSFI), which is on the verge of coming up as a major player in the finance and solar utility industries, saw its stock jump by as much as 7%. The rally in the stock came about after the company announced that it got into a joint venture with Premier Empire Energy.
The joint venture in question is going to be involved in providing the clients of both the companies with electric charging stations. Premier Empire Energy is involved in providing electric vehicle charging management services to its clients and on top of that, the company also provides high level customer service as well.
The solutions provided by the company help in providing its clients to get considerable discounts as offered by governments and on top of that, also provides a host of other services like price setting and real time data among others.
The Chief Executive Officer of Green Streams, James DiPrima, stated that this particular joint venture is expected to bring in considerable revenues for both the companies. Gulf Stream is going to work with Premier Empire Energy to develop both electric and solar electric vehicle charging stations for the clients of the both the firms.
Market Reaction:
On Friday, GSFI stock went up 1.27% at $0.074 with more than 33.32 million shares, compared to its average volume of 1.13 million shares. The stock has moved within a range of $0.0643 – 0.1579 after opening the trade at $0.0900. Over the past 52-week, the stock has been trading within a range of $0.0243 – 0.3564.
