We feature Arris Holdings Inc (CNSX: AAF), an investment company, as today’s top momentum gainer since it gained more than 15% touching its new intraday 52-week highs during the last two consecutive trading days with huge shares exchanging hands. AAF was the top gainer in the Canadian financial sector after gaining 15.4% in the last trading session and closed at its 52-week high of C$0.15 while recording significant volumes of 197,800 shares. The stock rallied over 66% in the last two trading sessions indicating a strong momentum. During the last 5-trading sessions, AAF skyrocketed 102.7% recording daily average volumes of 384,510 shares, while the stock accumulated over 114% during the past one month with 30-day average volumes of 230,434 shares. Last week, AAF announced a stock split of its issued and outstanding shares on the basis of 1:5. The outstanding common shares of the company increased to approximately 117.9 million shares.
Company Description:
Arris Holdings Inc (CNSX: AAF) is an investment company. The Company seeks to explore opportunities for developing and augmenting its equity portfolio and seeking out new equity investment opportunities in targeted areas.
6-Months Stock Chart:
Source: Bloomberg
