Investors who are looking for stocks that have gained momentum in recent times could have a serious look at the IGEN Networks Corporation (OTC: IGEN) stock.
The company, which provides a range of security services through its cloud-based technology, has not made any announcement in recent times. That being said, investors could take a look at certain developments from the past in order to get a better idea about the reason behind the momentum in the IGEN stock.
In December 2020, the company announced that it successfully joined the T-Mobile Partner Program. It is a major development since IGEN products will now be available for sale through the Business Sales Channel of T-Mobile. The opening up of a new sales channel is, without a doubt, a major positive for the company and might have made many investors optimistic about IGEN’s prospects. At this point in time investors could keep the IGEN stock in their watch lists and keep an eye on the price action.