Is Alpine 4 (ALPP) a Good Penny Stock After the Recent Corrections?

The Alpine 4 Holdings Inc (OTC: ALPP) stock was in action yesterday despite there being no news about the company. The company is one of the better-known operators and owners of small businesses at this point.

Yesterday, the stock jumped by 6% but it is also necessary to note that since hitting its highest levels in 52 weeks in February, the Alpine stock has gone down by 65%. That being said, it should be noted that the stock is still 10,000% up from its 52 week low.

Earlier this month, the company announced that its subsidiary company Excel Fabrication managed to bag new contracts during March. The contracts were worth a total of $1.3 million and thereby closed the first quarter of the year on a high. The clients which are based out of Washington, Idaho, and Oregon are a state government department, food processors, and a big-ticket discount retailer.

Anthony Gonzales

Biotech, Tech, and Crypto reporterAnthony Gonzales brings 3 years of experience in helping grassroots, mid-sized organizations and large institutions strengthen their management and resource generating capacities and effectively plan for the future. He is also a mentor and professional advisor to artists working in all disciplines. He is the gold medalist from St. Marco University of Science and Technology in the Bachelors of Financial Management as well.

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