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Technical Analysis on Active Penny Stocks: (OTC:SSPC), (Pink:ERBB)


New York, NY -- (ReleaseWire) -- 04/12/2013 --The SpendSmart Payments Company (OTC:SSPC) traded in the range of $0.399 and $0.445 during its latest trading session. The stock had opened at $0.42 and is at $0.408, up 2.26 percent from its previous close of $0.40. The SpendSmart Payments recorded the volume of 835k shares. Its average daily trading volume stands at 74k shares. Its MACD chart shows bullish trend, however, it is trading below its very short term SMA price of $0.42.

The SpendSmart Payments commands market capitalization of $45.35 million. The company deals in money management solutions and it was earlier known as BillMyParents Inc. It is based out of California.

Find out what momentum SSPC could adopt in the very short term here:

Tranzbyte Corporation (Pink:ERBB) stock is at $0.0063, down 4.55 percent from its previous close of $0.01. The stock opened the session at $0.01 and touched its highest price point at $0.007. Tranzbyte stock’s lowest price point for the session stood at $0.006. It has traded 29.13 million shares so far while its average daily trading volume stands at 46.12 million. The stock is highly volatile with beta of 2.04.

The company commands market capitalization of $4.25 million. Tranzbyte is based out of Arizona and runs retail dispensaries under the brand name of Altitude Organic Medicine.

Find out more on ERBB here:

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