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Table Trac Inc. (OTCMKTS:TBTC) Stock Rallies After Signing New Agreement

Jon Williams , , , ,

Table Trac Inc. (OTCMKTS:TBTC) was up 15% after announcing the signing of an agreement for the installation of a CasinoTrac management solution at a West Virginia-based Greenbrier resort.

Market Stats

On Tuesday, TBTC stock surged 15% to $3.45 with more than 1.5k shares, compared to its average volume of 2k shares. The stock moved within a range of $3.3500 – 3.4500 after opening trading at $3.35.

The Greenbrier of West Sulphur Springs, West Virginia Chooses CasinoTrac Management System

CEO and president of Table Trac Chad Hoehne said that CasinoTrac is a top CMS solution brand of choice for some of the historic and storied casino locations on the National Historical list. He explained that the system employs multiple national historical registered sites dating back to the 1880s in Nevada and South Dakota. Now they are honored to install CasinoTrac in The Greenbier, a luxury destination that has been around since 1778.

Casino Operations VP Steve Johnston said that after an extensive search, they settled on CasinoTrac as the ideal new software solution at The Greenbrier Casino Club. Johnston explained that CasinoTrac has a good history of stable, quality products and exceptional; customer care which matches the standard of excellence the company has established. So, in the coming weeks, TNTC is worth watching.

Key Quote

“CasinoTrac is the leading CMS system brand choice of the country’s most storied and historic casino destinations on the National Historical register.  Our system has been in use at multiple national historical registered sites from 1800`s in South Dakota and Nevada and now West Virginia where The Greenbrier, a luxury destination since 1778, is installing CasinoTrac.” said Chad Hoehne, President and CEO of Table Trac Inc.  “It’s an honor for us.”

Traders Corner

TBTC stock is trading above the 20-Day and 50-Day Moving averages of $3.28 and $3.30 respectively. Moreover, the stock is trading above the 200-Day moving average of $3.38.

Jon Williams

Jon graduated from the University of Michigan with a degree in finance. He is an avid investor and enjoys reporting on the markets. When he is not in front of a computer he enjoys playing golf and watching basketball.