Integrity Health Corporation (OTCMKTS:FTEG) Stock Continues to Trade in a Range

Integrity Health Corporation (OTCMKTS:FTEG) has not been in the news for many months now and hence, it was perhaps not a surprise that the company’s stock was trading within a range on Friday.

Market Stats

On Friday, FTEG stock ended flat at $0.0002 with more than 39.59 million shares, compared to its average volume of 222.22 million shares. The stock has moved within a range of $0.0001 – 0.0002 after opening trading at $0.0002.

Recent Development

At the same time, it should be noted that stocks which trade in a range can also break out strongly sometimes and hence, it might be a good move to take a closer look at Integrity Health. The last time any news emerged about the company was back on August 1 when the company announced the signing of a key letter of intent.

At the time, the company announced that inked a letter of intent with Vibrant MBS with regards to the acquisition of Vibrant MBS LLC, a well-known healthcare marketing organisation. The company offers modern clinical sales and customer marketing solutions and could prove to be a strong addition for Integrity Health Corporation.

While the current situation in the stock may not be related in any way to the signing of that particular letter of intent, it is something that investors ought to keep in mind when considering the Integrity Health stock. At this point in time, it may be a good move to keep an eye on any news that might emerge about the company.

Traders Corner

FTEG stock is trading below the 20-Day and 50-Day Moving averages of $0.0002 and $0.0003 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0008. The stock is down 33% in the past month.