mTouche Technology Bhd (-ve)
mTouche Technology Bhd’s (fundamental:1.4/3, valuation: 0/3) share price closed up 0.5 sen or 3.23% at 16 sen. The counter saw 33.87 million shares changing hands, higher than the 200-day average volume of 1.3 million shares.
The mobile value-added services provider announced a slew of boardroom changes on Wednesday, appointing former chief operating officer of New Zealand-listed MyKris Ltd Tang Boon Koon and Chen Huei Ping as executive directors of the company.
This is following the resignations of executive director Darren Solomon Low Jun Ket and independent and non-executive director Datuk Ahmad Bahrin Idrus effective Wednesday.
mTouche first triggered our algorithm on April 26 this year. The counter has been trading upwards since April 14, and has gained 39% since it closed at 11.4 sen on the same day.
MTOUCHE (0092) - Stock With Momentum: mTouche Technology
http://www.theedgemarkets.com/my/article/stock-momentum-mtouche-technology
