CrowdGather (OTCMKTS:CRWG) Trading 13% Higher – Here’s Why

Shares of CrowdGather Inc. (OTCMKTS:CRWGGet Free Report) shot up 13% during mid-day trading on Wednesday . The stock traded as high as $69.80 and last traded at $68.00. 678,755 shares changed hands during trading, a decline of 73% from the average session volume of 2,508,932 shares. The stock had previously closed at $60.17.

CrowdGather Price Performance

The stock’s 50-day simple moving average is $4.61 and its 200 day simple moving average is $5.04.

CrowdGather Company Profile

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CrowdGather, Inc, a social networking Internet company, develops and hosts forum based Websites primarily in the United States. It monetizes a network of online forums and message boards designed to engage, provide information to, and build community around users. The company's forum community connects a network of people sharing their questions, expertise, and experiences. It also provides targeted advertising and marketing services for online customers. The company's portfolio includes approximately 350 domain names and 70 Web properties at various stages of development.

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