An Ontario-based health-care company is seeing its shares bid up this morning on no apparent news.
While we typically like to see a juicy headline for this feature to determine the overall cause, seeing that this stock had a bullish session on Monday, it appears that the bid is simply continued buying pressure from traders who might’ve missed out yesterday. Shares of Biolife Sciences Inc. (OTCPK:BLFE) are set to open in the green on Tuesday.
Biolife Sciences Inc. is a commercialization accelerator, licensor and developer of innovative and disruptive technologies for the healthcare, beauty and food and beverage industry sectors. The company's technologies include Antimicrobial Copper Air Filters; Eco-Safe Surface Sanitizer; Eco-Safe Antimicrobial Treatment; Ultraviolet Sterilization; Non-contact Human Temperature Screening; and Next-Generation Vending Machines.
The bullish sentiment appears to be set to continue as shares of this small cap are currently bid up at $1.55/share (+6.90% implied open for sellers) twenty minutes before the opening bell. This move comes just one session after shares closed up at $1.45/share (+5.84%) on Monday.
