Friday session has saw Investview Inc (OTCQB: INVU) stock closing up 35.95 percent at $0.1660, and has been trading between $0.1152 and $0.1830. With a volume of over 2.27M shares for the last month; Investview stock surged over 38.33%.
Over a three-month period, INVU stock gained over 82.42%, with an average trading volume of nearly 3.3 million shares. Over 802.70% gain in the stock price last year, with a market capitalization of $537.42M, has given the INVU stock a nice return. Last week, some strategic moves were taken by Investview, which led to the INVU stock surging.
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What were the moves?
Investview is a global distributor organization that provides financial services and technology solutions. INVU focuses on providing financial education tools, content, and research through its subsidiaries as well as managing electronic asset technology. Bitcoin mining and generation of digital currency is a priority for the subsidiary companies of INVU.
- Investview announced last week that it had purchased NDAU for a total price of $1 million.
- NDAU is the World’s First Adaptive Digital Currency optimized for long-term storage with attractive staking income. .
- With NDAU, holders can self-govern using a trusted blockchain ecosystem.
- The ecosystem allows NDAU to grow as demand rises while containing down-side volatility.
- The previous week, Investview Capital entered into Securities Purchase Agreements with MPower Trading Systems LLC and SSA Technologies LLC to acquire 100% of their assets, business, and/or outstanding equity interest.
- SSA is owns and operates a registered broker-dealer through FINRA, while MPower is the owner and developer of a proprietary brokerage industry-focused trading platform Prodigio.
How do these developments help INVU?
INVU demonstrates its firm-wide strategy to expand its business by providing professional trading services in the U.S. and internationally and also diversify its business model by acquiring secure digital assets to strengthen its financial stability going forward.