Alkame Holdings (OTCMKTS:ALKM) Stock Trades Lower This Week: Will it rebound?

Diversified holding company Alkame Holdings (OTCMKTS:ALKM) has seen its stock emerging as one of the better performers over the course of the past week. During the period, the stock managed to clock gains of as much as 18% and hence, it might be a good move for investors to take a look at some of the recent events in relation to Alkame Holdings.

Earlier on this week, the company announced that it launched its freshly designed website www.alkameholdingsinc.com . The new website has much improved functionality and has a modern design. However, in addition to that, the website also makes it easier for visitors to access any information that they might be looking for.

More importantly, the website has brought all the companies owned by Alkame and the different brands under one roof. The company claims that the redesigned website also reflects its position as a leading player in the branding, distribution and manufacturing space.

Robert Eakle, who is the Chief Executive Officer of the company, stated that everyone at Alkame is excited at the launch of the new website. He went on to state that he hopes that it will make it easier for casual visitors and investor to get hold of relevant information quickly. 

Market Reaction:

On Wednesday, XELA stock ended flat at $0.0018 with more than 160.09 million shares, compared to  its average volume of 78.47 million shares. The stock has moved within a range of $0.0016 – 0.0019 after opening the trade at $0.0017. Over the past 52-week, the stock has been trading within a range of $0.0004 – 0.0096.