Infrax Systems Inc (OTCMKTS:IFXY) Stock Rockets 27%: What’s The Buzz?

There are now plenty of options for investors who are on the lookout for micro cap stocks and one of the stocks that could be worth tracking this morning is that of Infrax Systems Inc (OTCMKTS:IFXY).

Market Stats

On Friday, IFXY stock rose 27.28% at $0.0115 with more than 72.03 million shares, compared to its average volume of 62.54 million shares. The stock has moved within a range of $0.0092 – 0.0120 after opening the trade at $0.0096.

Major News

This past Friday the stock was in considerable focus among investors and ended the day with gains of as much as 27% as a consequence. The stock has moved quite quickly in recent times and has also managed to move out of the triple zeros zone as well. While it is clear that the Infrax Systems stock has caught the attention of small cap investors, it might be important to point out that the stock has also managed to come on to the radars of some of the heavy hitters in the small cap niche.

At this point in time the stock is being accumulated quite heavily and hence, the upward move in the Infrax stock is perhaps not a surprise. In this context, it is also important to point out that there are experts who believe that the stock could now be in a position from which it can chart a similar path as other major micro cap movers this year like Tesoro and Enzolytics.