ePlay Digital Inc (OTCMKTS:EPYFF) Stock Jumps 15% In a Week; But Why?

There have been some stocks which have managed to record steady gains over the past weeks and one of the stocks that you could look into at this point is that of ePlay Digital Inc (OTCMKTS:EPYFF). The stock has managed to garner significant attention in the past month and clocked gains of as much as 14% as a consequence.

Market Stats

On Thursday, EPYFF stock ended flat at 0.0800 with more than 32k shares, compared to its average volume of 14k shares. The stock has moved within a range of $0.0800 – 0.0800 after opening trading at $0.0783.

Key News

Yesterday, the company made a key announcement with regards to Klocked’s advanced Sports Science Platform at the CES Tech Event that had been held at Las Vegas. The company announced that the platform was now compatible with treadmills by Bowflex.

Those are special treadmill which not only track but also transmit cadence and also help in tracking distance, length and other data. It was a major announcement from the company and marks a significant milestone as it tries to become a major player in the fitness industry.

In addition to that, it should be noted that the product from Klocked allows people to enjoy runs on the Metaverse. Hence, one can go on a run even when he is inside his home. It may be a good idea to add the ePlay Digital stock to your watch lists at this point.

Key Quote

“I really love running outside,” says Trevor Doerksen, CEO of ePlay Digital and co-creator of Klocked fitness app. “With Klocked, I can run in the metaverse and be outside even when I’m inside.”

Traders Corner

EPYFF stock is trading below the 20-Day and 50-Day Moving averages of $0.0803 and $0.0877 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.1243.

Pete Matthews

Pete attended the University of Colorado and still calls the centennial state home. He chases trout in the summer and snowboards in the winter. He is fascinated with the markets and has a strong interest in nanocap stocks and crypto currency.