- The stock price of Ecosciences Inc (OTCMKTS: ECEZ) has increased 250% over the past week as it went from $0.0002 to $0.0007 per share. This is why the penny stock saw a boost in its price this week.
The stock price of Ecosciences Inc (OTCMKTS: ECEZ) — a company involved in the development, production, and sale of environmentally focused wastewater products — has increased 250% over the past week as it went from $0.0002 to $0.0007 per share.
Positive Stock Price Trigger: Announcement About Partnership With Target And Amazon
Recently, Ecosciences published a press release saying that it announced a new partnership with Amazon and Target. Specifically, the EcoNow Solutions Septic Oxy-Tabs and Drain & Pipe Oxy-tabs’ brand names for Foodservice and Wastewater services are now available in Whole Foods supermarkets and Target stores in the U.S.
EcoNow’s products are known for featuring proprietary OXY-TAB technology that provides oxygen and billions of beneficial bacteria for breaking down and digesting household waste, debris, grease, toilet paper, etc. Eco-Now’s OXY-TAB is able to eliminate foul odors and it comes in the form of a tablet that fizzles and bubbles in order to spread the beneficial bacterial. Plus the products are environmentally-friendly, biodegradable, and non-hazardous. Ecosciences also published a tweet about the announcement:
We are happy to announce our partnership’s with Target & Amazon Inc. Our products are currently available in 850 Target stores & also in Amazon’s subsidiary company Whole Foods Markets across the United States, Canada & UK. https://t.co/iVOgWRqKOI
— ecosciences_Inc (@Ecosciences_Inc) December 2, 2020
Following the announcement, there was a surge in conversations between penny stock day traders on website forums, Discord chat rooms, Facebook Groups, and Twitter, thus driving a jump in the stock price.