Tauriga Sciences (OTCMKTS:TAUG) Stock Continues to Trade in a Range
Diversified life sciences firm Tauriga Sciences (OTCMKTS:TAUG), which is based out of New York, saw its stock make a strong move on Wednesday and ended the day with gains of as much as 4%. The stock jumped after the company announced yesterday that it received as many as 7525 unique E-commerce orders.
Market Action:
On Wednesday, TAUG stock moved up 3.45% at $0.0330 with more than 840.28K shares, compared to its average volume of 558.31K shares. The stock has moved within a range of $0.0301 – 0.0340 after opening the trade at $0.0313.
Tauriga Sciences, Inc. Has Now Received More Than 7,500 E-Commerce Orders
That was a significant development for the company and perhaps it was understandably why there was a degree of optimism among investors with regards to the Tauriga stock. In addition to that, the company also revealed that the average size of each e-commerce order since August 1 this year has been more than $80.
The growth of the e-commerce business is particularly significant since it is the most high margin segment of Tauriga’s operations. More importantly, the company is currently working on ways in which it can continue to boost its revenues through e-commerce. In addition to that, the company also informed yesterday that it was going to have its own booth at the USA CBD EXPO that is going to be held in Chicago, Illinois. The event is going to begin on October 28 and will end on October 30. Investors could add the stock to their watch lists at this point.
