Integral Technologies, Inc. (OTCMKTS:ITKG) Surges
[[tagnumber 0]][[tagnumber 1]]Integral Technologies, Inc. (OTCMKTS:ITKG) has been having a hard time going through the charts in this year. After a rather decent run in February and some other pushes that led it to price above the $0.80 per share mark in the end of March we saw the ticker begin to lose altitude.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]It did try to recover on several occasions, but [[tagnumber 6]]ITKG[[tagnumber 7]] kept sliding down the charts and rarely saw a lot of investor interest. Meanwhile, the company’s report for the fiscal year ended June 30, 2015 came out and it contained the following numbers of prime interest.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 11]] [[tagnumber 12]]cash: $117 thousand[[tagnumber 13]] [[tagnumber 12]]current assets: $181 thousand[[tagnumber 13]] [[tagnumber 12]]current liabilities: $669 thousand[[tagnumber 13]] [[tagnumber 12]]annual revenues: $222 thousand[[tagnumber 13]] [[tagnumber 12]]annual net loss: $4.43 million[[tagnumber 13]] [[tagnumber 22]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Doesn’t look that good, but the company has surely made some efforts to attract investor attention recently. [[tagnumber 6]]ITKG[[tagnumber 7]] isn’t known for its many press releases, however, they have issued several optimistic ones recently.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The thing is that they managed to work and we saw the ticker climb some 9.36% in yesterday’s session and close at $0.514 after sitting below the 50 cent per share mark for quite some time. The volume was well above the thirty day average and the 264 thousand shares that changed their owners generated $132 thousand in daily trade value.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Unfortunately, today’s session isn’t starting that well and we already see [[tagnumber 6]]ITKG[[tagnumber 7]] 3.70% in the red, so be sure to do your due diligence and weigh out the risks before putting any money on the line. [[tagnumber 2]]
