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There are some companies that have been able to emerge as significantly innovative entities in recent times and it could well be a good move for investors to perhaps take a greater interest in those. One of the companies that may be looked into at this point in time is SusGlobal Energy Corp (OTCMKTS:SNRG).
Market Action
On Friday, SNRG stock moved up 15.03% to $0.2250 with 74K shares, compared to its average volume of 136k shares. The stock moved within a range of $0.1863 – 0.2250 after opening trade at $0.1250.
SusGlobal Energy Corp., (OTCMKTS:SNRG) the developer of SusGro™, an award-winning and revolutionary pathogen-free organic liquid fertilizer, is an industrial, environmental and agricultural biotechnology company focused on acquiring, developing, and monetizing a portfolio of proprietary technologies in the waste to energy and regenerative product applications globally. It is management’s objective to grow SusGlobal into a significant sustainable waste-to-energy and regenerative products provider and a trusted brand for the fertilizer, soil, and aquaculture market, as LEADERS IN THE CIRCULAR ECONOMY®.
The company is best known for having come up with the highly innovative and award-winning liquid organic fertilizer product known as SusGro. More importantly, the product is free of all kinds of pathogen and hence, it is regarded as a particularly innovative product. The company is regarded as an environmental, industrial, and agricultural biotechnology company.
SusGlobal Energy is involved in the acquisition, development, and commercialization of a range of proprietary technologies. Most of these technologies are involved with regenerative product applications and waste-to-energy spaces.
At this point in time, the circular economy is regarded as one of the more important things that investors ought to keep in mind considering its potential advantages in a world which is trying to limit waste. Many companies are now involved in that up-and-coming sector and SusGlobal Energy is one of the companies which is regarded as a leader in that space.
The company is currently aiming to emerge as one of the biggest players in the soil, aquaculture, and fertilizer industries. It could well be a good idea for investors to keep an eye on further developments with regard to SusGlobal Energy.
Traders Note
SNRG stock is trading below the 20-Day and 50-Day Moving averages of $0.25 and $0.30 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.40.
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