Highline Technical Innovations (OTC: HLNT) climbed up another notch in today’s trading session, continuing the stock’s trading momentum in an incredible rally that has lasted for four months. The stock rose and fell quickly several times during the day, and closed at a share price of $0.0131, or 2.3% higher than its previous close. Volume of the stock traded just shy of 5.94 million shares, below its average of 18.60 million shares.
The volume drop for the stock could be linked to the stock’s notable drop in share price on July 31, 2012. On July 30, 2012, Highline Technical Innovations traded to an annual high of $0.015 per share. The stock dropped to a share price of $0.013 the next day. Aside from that, Highline Technical has continued its momentum since the company’s announcement on July 26, 2012, that USA-based Delta Group Electronics will be its premier manufacturer. This relationship provides seller Alternative Hydrogen Solutions with ramped-up production of the Hy-Impact system and ensures a reliable supply to large volume commercial markets.
Many newsletters have promoted Highline Technical. There are 36 results found on stockpromoters.com regarding the promotion of the stock, while none of the recent promoters were compensated. On Twitter, @pennystock24 mentioned that Pennystocks Payd promoted Highline Technical Innovations today.
Here are some other recent headlines for Highline Technical Innovations:
- July 18, 2012: Highline Technical Innovations reported that its Hoss UTV is required to meet or exceed four milestones before achieving final certification from the EPA.
- July 10, 2012: Highline Technical Innovations announced a strategic partnership with global technology deployment specialists, Velociti.
- June 20, 2012: Highline Technical Innovations announced that Alternative Hydrogen Solutions has retained the services of transportation technology PR experts LaunchIt Public Relations.
Highline Technical Innovations is engaged in manufacturing products that reduce environmental impact. The company’s subsidiaries include Highline Hydrogen Hybrid and Hoss Motor Sports.
Highline Hydrogen Hybrid is the maker of Wildcat Hydrogen Booster, a supplemental fuel system that increases fuel efficiency in internal combustion engines, both diesel and gas, in applications such as cars, boats, tractor-trailer rigs and agriculture and industrial equipment. Hoss Motor Sports has designed and developed an off-road commercial utility vehicle, and is engaged in the process of manufacturing the UTV with joint venture partner Dong Feng Motors of China.
In 2012, the company joined forces with Miami-based Alternative Hydrogen Systems, a company focused on introducing technology to industries that rely heavily on the consumption of fossil fuels.