Aluf Holdings Inc (OTCMKTS:AHIX) Stock Jumps After Update on Development of Digital Healthcare Device
Florida based holding company Aluf Holdings Inc (OTCMKTS:AHIX) could be one of the companies that may come into focus among investors this morning and hence, it could be a good time for investors to consider taking a look.
Trading Data
On Tuesday, AHIX stock gained 3.70% to $0.0112 with more than 64.29K shares, compared to its average volume of 267.48K shares. The stock moved within a range of $0.0112 – 0.0119 after opening trading at $0.0118.
Aluf Holdings Inc Gives Update on Development of Digital Healthcare Device
The company was in the news yesterday after it announced that it had concluded the market analysis as well as market conceptualization for bringing a range of multifunctional digital healthcare devices to the market. Aluf Holdings is going to bring those products to the market through collaboration with SBN Group. The devices that the company seeks to bring to the market are meant for enhancing the standard of living of the individual and also for integrating certain technologies.
The announcement was a significant one from Aluf and it is now going to be interesting to see if the stock can managed to make a move in the coming days. As it happens, it was back on July 21 this year that it was announced that Aluf and SBN Group were looking into the possibility of developing and manufacturing the medical devices with a pair of leading medical devices manufacturing companies in the United States.
Technical Data
AHIX stock is trading above the 20-Day and 50-Day Moving averages of $0.0100 and $0.0102 respectively. However, the stock is trading below the 200-Day moving average of $0.0315. The company has a total market capitalization of $1.65 million.
