Basanite Inc (OTCMKTS:BASA) Stock Consolidates After The Recent Jump

Basanite Inc (OTCMKTS:BASA) stock continues to trade in a narrow range over the past few trading sessions. The stock has gained 18% over the past week.

Market Action

In the previous trading session, BASA slid 0.45% to $0.3315. A total of 14k shares traded for the session hands, compared to its average volume of 239K shares. The stock opened at $0.34 and moved in a range of $0.3201 – 0.3399.

Recent News

Basanite, Inc to Present at the Fall Harvest Best Ideas from the Buy-Side Virtual Conference

Basanite, Inc., a leading innovator and manufacturer of environmentally friendly, high-performance composite products made from Basalt fiber for use in construction, announced that Simon Kay, Chief Executive Officer, has been invited to present at the Fall Harvest – Best Ideas from the Buy-Side conference, which is being held virtually on October 5th – 8th, 2021.

Basanite’s CEO Simon Kay’s virtual presentation will be on October 5th at 2:00 pm EDT.

Management will be available for one-on-one meetings to be held throughout the conference. The presentation will be webcast live and available for replay at Webcast URL.

To receive additional information, request an invitation or to schedule a one-on-one meeting, please email angie.goertz@issuerdirect.com.

Trader Notes:

From the technical point of view, BASA stock looks bullish with the stock trading above its 200-day and 20-Day SMA stand at $0.29 and $0.32 respectively. RSI stood at 55 – signals neutral trend.