Recreatives Industries (OTC: RECX) Provides Key Corporate Update
Corporate updates meant for shareholders often bring a stock into sharp focus, and hence, it may be a good move to keep an eye on the Recreatives Industries Inc. (OTC: RECX) stock this morning. In the update provided yesterday, the company provided a quick look into some of its latest activities. In this feature, we take a closer look.
Key Highlights
The MAX Amphibious 6*6 All-Terrain Vehicle (ATV) manufacturer announced that in 2024 the company had restarted the manufacturing of its ATVs. In June, Recreatives Industries launched its MAX 2 ATVs and had begun the fulfillment of the pre-orders by July 2024 with dealers as well as retail customers. Additionally, the company had also had a soft launch of its new dealer program last year and signed up as many as five dealers in the United States.
Further Information
In the news release, Recreatives Industries also announced that it was looking into the launch of its MAX product in the international markets in 2025. The company noted yesterday that it was going to ship three of these ATVs to the United Kingdom to undergo validation for certification in both the UK and the European Union.
Technicals
| +/- EMA(20) | 0.0529 (+9.64%) |
| +/- SMA(50) | 0.0494 (+17.41%) |
| +/- SMA(200) | 0.0296 (+95.95%) |
| 5-Day Perf. | -3.33% |
| 1-Month Perf. | +38.76% |
| 3-Month Perf. | -31.6% |
| 6-Month Perf. | +286.67% |
| YTD Perf. | +93.33% |
| 1-Year Perf. | +1657.58% |
| RSI(14) | 55.95 |
| ATR(14) | 0.01 |
| ADX(14) | 16.57 |
| Beta (5Y) | -0.16 |
