Home Financial Markets Penny Stocks Are There Other Factors At Play In The Patient Access Solutions (PASO)...

Are There Other Factors At Play In The Patient Access Solutions (PASO) Stock’s Decline Today?

Patient Access Solutions Inc. (OTCPK: PASO) stock has been trending downward today in mid-session trades. As of 12:24 p.m. EST, the stock was buoying at $0.0185 falling -20.60%.

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In 2006, Patient Access was integrated recognizing that healthcare is the world’s biggest sector and that it provides numerous possibilities for electronically collecting data and conducting purchases, the organization started adapting its technological expertise to this marketplace. As a supplier of technological solutions, the company focuses on consistency of support within the healthcare sector, with an overarching emphasis on leveraging advanced and reliable technology to ease the needs of its clients.

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What services does the company provide?

For the pharmaceutical and dental sectors, PASO delivers healthcare and related financial processing solutions. The business offers patient eligibility, prescription billing, and patient self-pay solutions through its merchant processing network. It also offers practice management, consultancy on company management, Distance identification, and resources for marketing and practice development; and autism, concussion, PTSD, and other biomedical disorders recovery services, as well as diagnostic testing services.

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What really is happening?

Yesterday, Patient Access Solutions, Inc.’s (OTCPK: PASO) shares increased by 92.56% to $0.0233. In contrast to its average weekly volume of 21.615 million shares, the company’s volume on the day was far above at 67.102 million shares while the day’s range was $0.0120 – $0.0240. Comparing the stock’s behavior from yesterday with that of so far today and that too in the absence of any directly or indirectly linked news justifies that the stock is another victim of social media speculation.

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