First Global stock (FGD:TSXV) topped all issuers in February’s Stock Challenge Tuesday. The newly listed tech junior has broken out to yet another new 52-week high on massive volume of 4.3 million shares traded.
We identified First Global’s strengthening chart from a technical standpoint on February 10th after its shares opened at $0.54 and closed at $0.66 per share. Below is a short excerpt from our article First Global clears $100 million market cap with FINTECH Solutions:
“First Global is a TSX Venture tech issuer hitting new highs daily after just returning from a trip to China. In a sea of rising junior gold stocks, First Global has a chart most companies can only dream of.”
Click here to read the entire article.
First Global’s stock chart looks a whole lot better today as its shares continue to break to the upside. After hitting a low of $0.72 per share, First Global gapped up 38% to close at a new all-time high of $0.90 per share. The move was enough to capture the Daily Stock Challenge Breakout award in February’s Stock Challenge.
First Global Stock – 6 Month Chart
First Global’s market cap has ballooned to over $160 million.
First Global announced this afternoon that its Vpayqwik™ service launched in partnership with Vijaya Bank is now being accepted nationally across India at all retail locations.
The company reported:
“The Indian government has launched the Bharat QR code national payment strategy which is the world’s first interoperable payment acceptance solution. It is part of the Indian government’s ongoing strategy to move towards a “less-cash” economy.”
Click here to read the entire press release.
Further more, the company explained “Vpayqwik™ is one of a select few mobile wallets in India that currently has access to this platform, and Vpayqwik™ will now be accepted at retail locations right across India.”
‘Geopick’ takes lead in February’s Stock Challenge
Only one member in February’s Stock Challenge selected First Global: ‘Geopick‘.
The Calgary-based investor has been a member of Pinnacle for nearly 3 years and saw his combined average return jump 19.23% on Tuesday alone. His return on the month now stands at 48.92% – a smidgen above ‘MRG_WPG’s 48.82% return.
What a difference a few days can make. Our long-time leader in February, ‘joeyg48‘ has fallen down the ranks into 9th overall with a 31.44% return. With only 5 trading days left in February, he will have some catching up to do if he wants to get back to the top.
With seven members with returns between 30.35% and 38.95% we are expecting an exciting finish.
