Integrity Health Corporation (OTCMKTS:FTEG) Stock Jumps 33% in a Week: But Why?
Investors who might be interested in looking into stocks which made notable gains over the course of the past week could consider taking a look at the Integrity Health Corporation (OTCMKTS:FTEG) stock.
The stock has been one of the notable gainers in the past week and has managed to clock gains of as much as 33% during the period. While the gains may have been considerable, it should be noted that there has been no news at all about Integrity Health Corporation in the past week or so. In fact, one would need to go back to the beginning of the month to come across a news item about the company.
Back on July 2 the Chief Executive Officer of the company Nelson Grist stated that Integrity Health Corporation was embarking on a new mission as a health care firm and it was no longer going to be merely involved in developing and selling CBD products.
That is an important change in direction for Integrity Health Corporation and that might have been one of the reasons behind the rally in the stock over the past week. It is now going to be interesting to see if the stock can maintain its momentum over the coming days.
Market Reaction:
On Monday, FTEG stock ended flat at $0.0004 with more than 693.71 million shares, compared to its average volume of 474.97 million shares. The stock has moved within a range of $0.0003 – 0.0004 after opening the trade at $0.0007. Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0042.