Over the past weeks, the Healthier Choices Management Corp (OTC: HCMC) stock has been one of the notable gainers and it is likely that the stock is going to be in focus among investors this week.
In addition to that, it is also necessary to note that trading volumes in the stock have also gone up considerably during the period. The American company is involved in providing its customers with healthier lifestyle options.
While the gains in the stock have been eye-catching, it is also necessary to note that the company’s financial results, released earlier this month, might have had an effect as well. In the fourth quarter, the net sales came in at $13.9 million as opposed to $15.1 million in the year-ago period. On the other hand, the gross profits for the quarter declined to $5.8 million from $6.5 million in the same quarter last year.