Midatech Pharma (MTP) Jumps 172% On 190 Million Shares While Being Upgraded To European Platform

Midatech Pharma’s stock (NASDAQ: MTP) suddenly soars 172% after announcing its participation in the Q-Sphera platform with a European affiliate of a global pharmaceutical company. On Monday MTP price was $1.70 that served major stockholders as a trampoline to earn significant margin within hours.

Since May 19th MTP has been facing a flat price near $1.60 without indication of a future blast. The stock is rising now purely on speculation related to collaboration with European regional pharmaceutical manufacturers.

Soon, MTP may fall to the previous price near $2 minimum unless good news arrives in investor relations press release source. For short term goals pursuing traders MTP is the perfect choice to possibly burn little funds that would not create worries in planning the portfolio.

Alex Krakowsky

Editor in Chief. Living in the era of dynamic tech change Alex decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring in Finance) writing for technology and as well as finance has been one of the precious aspects of his life