Cape Verde Capital Inc (OTCMKTS:CAPV) Stock Extends Rally: Jumps 55% in a Week

In the past week, the Cape Verde Capital Inc (OTCMKTS:CAPV) stock has been in the middle of a rollicking run and hence, it is likely that the stock is going to be in focus today as well.

Market Action:

On Friday, CAPV stock jumped 31.58% at $0.0500 with more than 814.58K shares, compared to its average volume of 333.19K shares. The stock has moved within a range of $0.0354 – 0.0650 after opening the trade at $0.0388.

Major Development

This past Friday, investors continued to pile on to the stock in a big way and sent it soaring by as much as 32%. That took its gains for the past week to as much as 55%. As it happens, the stock was in the news on Friday as well after it announced that Curt Huber was inducted into the board of directors of Cape Verde Capital.

Huber has worked as an independent financial and corporate consultant and in a career spanning more than three decades, he has worked with a large number of public companies. In addition to that, he also has extensive experience as a director. On the other hand, it is also necessary to keep in mind that Huber has worked with a range of industries throughout his career.

Some of those sectors include technology, oil and gas, mining and hemp among others. Considering the sort of gains that have been recorded by Cape Verde Capital stock in the past week, it might be the right time to add it to your watch lists.

Madison Hall

After graduating from the University of Buffalo, Madison gained a real interest in the markets. She tends to be a swing trader and enjoys Pilates and yoga in her downtime.