3 Trending Penny Stocks: electroCore Inc. (ECOR), BlueFire Equipment Corporation (BLFR), Calyxt Inc. (CLXT)

electroCore Inc. (ECOR) saw a downtrend of -0.32% in recent trading with $0.44 being its most recent. The current price level is -63.41% lower than the highest price of $1.20 marked by the stock while trading over the past 52 weeks, whereas it is 65.64% higher than the lowest price of $0.27 the company dropped to over the past 52 weeks.

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Squeezing the time span to a 30-day period shows us the stock is currently trading -20.95% below one month high and +0.07% above the lowest during that time. Looking into the simple moving average, electroCore Inc. (ECOR)’s stock stands at an SMA-50 of $0.5509 while that of 5-day is reading $0.4524.

BlueFire Equipment

BlueFire Equipment Corporation (BLFR) saw an uptrend of 29.79% in recent trading with $0.0610 being its most recent. The current price level is -49.17% lower than the highest price of $0.1200 marked by the stock while trading over the past 52 weeks, whereas it is 1,120.00% higher than the lowest price of $0.0050 the company dropped to over the past 52 weeks.

Squeezing the time span to a 30-day period shows us the stock is currently trading -38.38% below one month high and is +90.03% above the lowest during that time. Looking into the simple moving average, BlueFire Equipment Corporation (BLFR)’s stock stands at an SMA-50 of $0.0362 while that of 5-day is reading $0.0554.

Following the acquisition of Miracle Life Farm LLC, the agricultural-oriented acquisition company, BlueFire Equipment, Corp. (BLFR), has decided to undertake a name change, as well as a ticker replacement, which will help define the direction shift, its business is undergoing. The senior management of the company has agreed to rename the business as Farmies Inc., which will hold the ticker symbol, MIES. The CEO of the company, Nickolas S. Tabraue has hailed the name change as being “perfect” for the company, further adding that Farmies best encapsulates the brand and corporate vision.

At present, the company has a market capitalization exceeding $12.5 billion, which translates to a compound annual growth rate of 11.1%. With its recent restructure following the acquisition of Miracle Life Farm, the company anticipates further growth to be achieved. Operating on 13-acre farmland, Farmies will aim to unlock value through several ground-breaking initiatives, which include tapping into the medicinal properties of Thai Guava leaves. The senior management remains highly optimistic in the wake of this shift, as emphasized through a corporate name change.

Calyxt Inc. (CLXT)

Calyxt Inc. (CLXT) saw an uptrend of 1.81% in recent trading with $0.18 being its most recent. The current price level is -95.59% lower than the highest price of $4.08 marked by the stock while trading over the past 52 weeks, whereas it is 10.16% higher than the lowest price of $0.16 the company dropped to over the past 52 weeks.

Squeezing the time span to a 30-day period shows us the stock is currently trading -37.93% below one month high and is +10.16% above the lowest during that time. Looking into the simple moving average, Calyxt Inc. (CLXT)’s stock stands at an SMA-50 of $0.2390 while that of 5-day is reading $0.1790.