2 Major High Volume Performers Penny Stocks
CLEAN COAL TECHS INC (PINK:CCTC) penny stock last jumped up 8.27 percent to close at $0.072 with traded volume of 4.79 million shares for the day. Its average traded volume stands at 1.40 million shares per day. The company’s total outstanding common stock accumulates up to 581.18 million shares.
Looking at its price history the penny stock share price has been traded between the prices ranges of $0.01 to $0.08 in last 52 weeks. This can also be derived from the respective price ranges that the share price is likely of find support at $0.01 and could experience resistance at $0.08.
Its total market capitalization arrived at $38.94 million. It seems that the penny stock share price movement depicts stability as per its beta value of 2.86 times which means that the share price is likely to change by 2.86 times against one point change in market index.
Treaty Energy Corporation (PINK:TECO) penny stock last rose 0.75 percent to close at $0.067 in its last trading session. The traded volume stood at 4.21 million shares while on average its traded volume stands at 5.62 million shares per day. Its market capitalization stood at $50.23 million as compared to its total outstanding common stock of 215.80 million shares.
The penny stock share price is trading at a relative strength index of 45.45 which shows that the stock has considerable margin for capital gains. MACD shows mixed trend as the both the MACD line and trigger line are falling in the positive zone but MACD is below than the trigger line.
The share price maintains the beta value of 1.58 times which shows that the stock price is likely to move by 1.58 times against one point change in market index.
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