Alterola Biotech Inc. (OTCMKTS:ABTI) Stock Soars 30% In a Week: Announces Application to Upgrade to OTCQB

Alterola Biotech Inc. (OTCMKTS:ABTI) is up 30% in a week after announcing the filing of an application seeking an upgrade to the OTC Markets’ OTCQB tier from the OTC PINK tier.

Market Stats

On Thursday, ABTI stock went up 0.09% to $0.23 with 9.5K shares, compared to its average volume of 9.6K shares. The stock moved within a range of $0.2220 – 0.2300 after opening trading at $0.02220.

Alterola Biotech, Inc. Announces Application to Upgrade to OTCQB

Executive Chairman Tim Rogers said that the company submitted an application to upgrade to OTCQB Market, which they are excited about. This is a significant milestone in the company’s development since it raises Alterola’s profile among investors in the US and Europe and provides further opportunities for the company’s growth and prospective investors to participate with confidence in the company.

CEO Seamus McAuley said that this is a significant milestone in the company’s development since it raises Alterola’s profile in the US and European investment communities and provides further opportunities for the company’s growth and prospective investors to participate with confidence in Alterola. The company will offer additional information regarding the upgrade when the information becomes available. So investors should watch ABTI in the coming weeks.

Key Quote

Tim Rogers, Executive Chairman said, “We are delighted to announce that Alterola has applied to upgrade to the OTCQB market. This is another major milestone in the development of the Company and increases the profile of Alterola within the US and European investment communities and provides further opportunity for the growth of the Company and for potential investors to invest with confidence in Alterola.”

Traders Corner

ABTI stock is trading above the 10-Day and 20-Day Moving averages of $0.23 and $0.12 respectively. However, the stock is trading below the 200-Day moving average of $0.9639.

Jon Williams

Jon graduated from the University of Michigan with a degree in finance. He is an avid investor and enjoys reporting on the markets. When he is not in front of a computer he enjoys playing golf and watching basketball.