$Micronet Enertec Technologies I(MICT)$The company offers a range of technologies, one of which is trading, online brokerage, and wealth management services. Last month, Huapei Global Securities, Ltd. Huapei will provide MICT with a licensed platform to facilitate securities trading on the major stock exchanges in Hong Kong, the United States, and China for its Chinese and Hong Kong clientele.
Over the last few weeks, there's been a slew of insider buys and a recently filed Form 13. It showed Altium Capital Management holding a 4.9% stake in the company. Simultaneously, one of MICT's other subsidiaries, Micronet Ltd., received a purchase order for 2,000 units of its SmartCam connected product from one of North America's largest telematics service providers. The deal is worth roughly $900,000. SmartCam is an in-vehicle telematics and connectivity platform for cellular networks (4G). It allows for video telematics via the android platform and is coupled with vehicle-connected interfaces, diagnostic capabilities, and two cameras.
While there haven't been any recent updates, momentum has certainly factored itself in. MICT stock has continued testing levels near its recent high this week.
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- 79b7d63c·2021-03-22[强] [强]LikeReport