Odyssey Group International Inc (OTCMKTS:ODYY) Stock gains Momentum: Jumps 13% In a Week
Over the course of the past week, Odyssey Group International Inc (OTCMKTS:ODYY) has seen its stock make a major move and during that period, it has managed to clock gains of 13%. The company is involved in the development of life saving unique medical products and yesterday it made a key announcement as well.
Market Stats
On Thursday, ODYY stock slid 2% to $0.52 with more than 11K shares, compared to its average volume of 47.4K shares. The stock moved within a range of $0.5200 – 0.5495 after opening trading at $0.53.
Odyssey Group International Announces Formation of Military Advisory Board and Welcomes Prestigious Members to Assist with Concussion Drug Development
It may now be a good move from investors to perhaps take a look at the announcement from the company. The company came into focus after it announced that it had formed a Military Advisory Board and in the process, had added a number of celebrated leaders from field on to the board.
It was a major new move from the company and one that could have long term ramifications for Odyssey Group as well. The company noted that the guidance and insights that are going to be provided by the personnel in the different branches of the military could prove invaluable for Odyssey. The news seemed to have come as a source of optimism for investors as well and that was perhaps the reason behind the strong rally yesterday. It remains to be seen if the stock can rally today.
Traders Corner
ODYY stock is trading above the 20-Day and 50-Day Moving averages of $0.52 and $0.52 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.42.
