VirExit Technologies Inc. (OTCMKTS:VXIT) Stock Extends Rally: Soars 25% in a Week
VirExit Technologies Inc. (OTCMKTS:VXIT) was up 7%, and the stock has gained 25% in a week. The company has announced that its “BreathEasyMask” is environmentally friendly, and it minimizes waste worldwide.
Market Stats
On Wednesday, VXIT stock went up 7.53% to $0.0050 with 5.07 million shares, compared to its average volume of 11.61 million shares. The stock moved within a range of $0.0045 – 0.0054 after opening trading at $0.0045.
VirExit Technologies, Inc. BreatheEasyMask Is Virus-Blocking And Reduces Environmental Waste
Fine Guard uses the LIVINGUARD proprietary technology to create the VirExit BreatheEasyMask, which bears the trademark 907122550. The mask may be washed and used for up to a year, minimizing the amount of trash generated by disposable face masks.
The company’s VP of sales Web Barth said that currently, flight seats are selling at an all-time high because of mask rules change with travel companies continuing to require masking. As a result, this has created a considerable need for safe virus blocking masks that people can reuse, such as BreatheEasyMask. In addition, a recent MIT study showed that the coronavirus pandemic is expected to generate around 7,200 toins of medical waste daily, most of it being disposable masks. So in the coming weeks, VXIT is worth watching.
Key Quote
“As mask mandates are again changing, and travel-based organizations are required to continue masking indefinitely, seats on flights are being sold at all time high. This is creating an incredible global need for safe, reusable virus-blocking masks, like our BreatheEasyMask,” said Web Barth, Vice President of Sales, VirExit Technologies.
Traders Corner
VXIT stock is trading above the 50-Day and 200-Day Moving averages of $0.0049 and $0.0045 respectively. However, the stock is trading below the 20-Day moving average of $0.0081.
