US Lighting Group Inc. (OTCMKTS:USLG) Stock In Focus Key Updates
Shares of US Lighting Group Inc. (OTCMKTS:USLG) have been under pressure over the past sessions and down 20% in a week.
Market Stats
On Tuesday, USLG stock ended flat at $0.0800 with more than 7.4k shares, compared to its average volume of 7k shares. The stock moved within a range of $0.0737 – 0.0800 after opening trading at $0.0737.
US Lighting Group Dispatches First Cortes Camper Trailer to RV Center Idaho
Cortes Campers LLC, wholly-owned subsidiary of US Lighting Group, Inc. (OTCMKTS:USLG) has shipped its first Cortes Camper travel trailer to RV Center Idaho – customers and RV dealers in the great state of Idaho can now experience the luxury of the Cortes Campers trailer.
Each unit showcases cutting-edge 17-feet travel trailer design and 100% molded fiberglass construction. It also features a one-of-a-kind Timbren axle-less independent suspension system, first-rate built-in Furrion appliances, and a full kitchen and wet bath.
Anthony Corpora, CEO and President, comments that Cortes Campers is the result of a year’s hard work that involves extensive R&D and planning, to scale up production over the last many quarters. The Cortes Campers travel trailer exceeds expectations, with numerous attractive features that are considered to be excellent upgrades within the RV industry.
He further adds that the company is in a position to speed up Cortes Campers deliveries through the end of the year and well beyond. The second camper is scheduled to be shipped during the first week of March. The estimated goal is to dispatch 20 campers per week by the beginning of Q4 of 2022. There is a lot of excitement around this particular product, and the initial delivery is expected to take it to the next level.
Key Quote
Anthony Corpora, CEO and President said, “This first Cortes Camper shipment represents the culmination of a year’s Research and Development, planning, and a great deal of hard work to ramp up production over the last several quarters. We believe we are now in position to accelerate Cortes Campers deliveries through the end of the year and well beyond.”
Traders Corner
USLG stock is trading below the 10-Day and 20-Day Moving averages of $0.0803 and $0.0807 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.1428.
