Symbid Corp. (OTCMKTS:SINC – Get Free Report) shot up 49,900% during trading on Friday. The company traded as high as $1.00 and last traded at $1.00. 10 shares changed hands during trading, a decline of 80% from the average session volume of 50 shares. The stock had previously closed at $0.0020.
Symbid Trading Up 49,900.0%
The stock’s fifty day moving average is $0.71 and its two-hundred day moving average is $2.53.
About Symbid
Symbid is associated with an online equity crowdfunding platform that connected entrepreneurs and small businesses seeking capital with investors interested in private-company opportunities. Through its platform, businesses could present their ventures, funding requirements and investment terms, while participating investors could obtain an ownership interest in qualifying companies.
The business was founded in the Netherlands and historically focused on the European crowdfunding market, with particular activity in the Dutch startup and small-business ecosystem.
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