APT Systems Inc (OTCMKTS:APTY)
APT Systems Inc (OTCMKTS:APTY) stock price rallied 69.33% in Wednesday’s trading session as investors reacted to the expansion of a team developing the company’s KenChart app. The rally also comes on the execution of a letter of intent for the acquisition of an existing company for $2.3 million. The stock is currently trading at the higher end of its $0.01-$0.03 trading range as it closes in on its 52-week high of $0.03 a share.
KenChart App Development
APT Systems Inc (OTCMKTS:APTY) is a leading developer of stock trading platforms with a focus on handheld devices. The company also develops indicators, market scans, financial applications, and visualization solutions for analyzing the financial markets. It also acquires other compatible financial businesses that have the potential to strengthen its growth prospects.
The company also partners with talented developers to come up with ground breaking strategies for analyzing the financial markets. APT Systems has teamed up with Bobir Akilkhanov and Ronen Sartena to further strengthen the level of expertise on the team working on the KenChart app.
“At APT, we are continually striving to provide our future customers with new and innovative trading tools that can assist them with analyzing trends and financial details. We are happy to welcome Bobir and Ronen aboard,” said Glenda Dowie APT Systems Inc (OTCMKTS:APTY) CEO.
Akilkhanov joins the company with 17 year’s of entrepreneurial and IT experience, having worked on a number of successful start-ups. Sartena, on the other hand, joins the KenChart app development team with vast experience in finance and marketing.
APT Systems Inc (OTCMKTS:APTY) has launched a beta version of its website with a fresh new look and more information for visitors. The website also includes a link that allows people to join the APP Beta Tester group.
The new website is designed to provide information about new trading tools as well as detailed developments for stakeholders.
Separately, the company that APT Systems Inc (OTCMKTS:APTY) is acquiring for $2.3 million is currently enjoying profitability and is expected to strengthen APT’s financial sector portfolio.
“We are continuing our diligent search and research for companies and software products that would enhance our operations while still watching dialogue on the proposed legislation for the Fintech National Banking Charter,” APT Systems Inc (OTCMKTS:APTY) in a statement.
I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.
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About the author: James Marion is a University of Houston student studying Business with a concentration in Finance. James has interned with several investment professionals and hopes to pursue a career as a professional stock analyst after graduation.