VYRE Networks (OTCMKTS:CAPV) Stock In Bullish Trend: Jumps Another 14%

VYRE Networks (OTCMKTS:CAPV) was up 14% and 29% in a week. The company has announced that its Spanish-language station It’s Espanol TV, has teamed up with reggaeton sensation De La Ghetto for a one-off live stream event on January 22, 2022.

Market Stats

On Wednesday, CAPV stock went up 14.62% to 0.2980 with more than 74k shares, compared to its average volume of 154k shares. The stock has moved within a range of $0.2660 – 0.3000 after opening trading at $0.29.

Key Details

This event will be available on the Vyre App via Samsung Smart TVs, Roku, Apple TV, iPhone, Amazon Fire Stick, Android, and the web and will be presented to you by ReggaetonLandia. While the production of the show will occur at the Midway in San Francisco, Its Espanol TV will enable fans all around the world to see the one-time concert as if they were there.

De La Ghetto (born Rafael Castillo Torres) is a reggaeton artist and composer who was once a member of the combo Arcángel & De La Ghetto. In 2004, he formed the combo Arcángel & De La Ghetto with reggaeton musician Arcángel. De La Ghetto started his solo career in 2006, and in 2007, he had two smash singles. So CAPV is worth keeping an eye on.

Key Quote

“This is just the beginning for us at VYRE to really show how powerful the Latino culture is to the world. A new generation is here, and I’m honored that It’s Español TV will be that voice”. – David Hill, President VYRE Network.

Traders Corner

CAPV stock is trading above the 20-Day and 50-Day Moving averages of $0.2919 and $0.1673 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0580.

Jon Williams

Jon graduated from the University of Michigan with a degree in finance. He is an avid investor and enjoys reporting on the markets. When he is not in front of a computer he enjoys playing golf and watching basketball.