TPT Global Tech Inc (OTCMKTS:TPTW) Stock Gains After a New Order

Yesterday there were many stocks which had emerged as notable movers and one of those was that of TPT Global Tech Inc (OTCMKTS:TPTW), which ended up with gains of as much as 18% amidst heavy interest. The company announced yesterday that Information Security and Training LLC, a business division of its subsidiary unit TPT Strategic Inc, had been awarded a contract.

Trading Data

On Monday, TPTW stock moved up 18.18% to $0.0013 with more than 77.47 million shares, compared to its average volume of 35.69 million shares. The stock moved within a range of $0.0009 – 0.0015 after opening trade at $0.0011.

TPT Global Tech’s Subsidiary TPT Strategic, Part of Multiple Companies Awarded a $250M USD 5 Year Contract for Design-Build Construction Services from the Department of Interior and Forest Service

The contract in question is an Indefinite-Delivery, Indefinite-Quantity (IDIQ) Multiple Award Task Order Contract (MATOC) worth as much as $250 million and would run for five years. The contract had been awarded to Information Security and Training by the Department of Interior and Forest Service for Design-Build Construction Services.

It goes without saying that it was a major win for TPT Global considering the size of the contract and it is going to be interesting to see if the stock can manage to hold on to its momentum. Information Security and Training would be responsible for various things like facilities construction, design services, installation and demolition among others. It should however be noted that there would be multiple contractors who are going to be involved with the project. It may be a good time to add TPT Global Tech to your watch lists.