2 Double Digits Percentage Performers penny Stocks

Nutra Pharma Corp. (OTC:NPHC) penny stock rose 31.58 percent to close at $0.02 in its last trading session. The traded volume stood at 1.38 million shares while on average its traded volume stands at 1.08 million shares per day. Its market capitalization stood at $6.31 million as compared to its total outstanding common stock of 315.31 million shares.

The penny stock share price is trading on relative strength index of 57.14 times which means that share price is near its overbought level but still has considerable margin for further capital gains. MACD Moving Averages Convergence Divergence also indicate a possible bullish trend as the MACD line is about to cross the trigger line and zero line. Likewise the short term moving average is also moving close to the long term moving average.

Lightlake Therapeutics (OTC:LLTP) penny stock last gained 34.44 percent to close at $0.12 with traded volume of 1.08 million shares as compared to its average traded volume of 701,722 shares per day. The company’s total outstanding common stock accumulates up to 92 million shares out of which only 66.22 million shares are floated in the stock market.

It seems that the penny stock share price movement depicts stability as per its beta value of 36.10 times which means that the share price is likely to change by 36.10 times against one point change in market index.

Looking at its price history the penny stock share price traded between the prices ranges of $0.04 to $0.94 in last one year. This can also be derived that LLTP is likely to find support at $0.04 while resistance could be seen at $0.94 level.

 

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