Healthcare Tech Stock Jumps on Patient Update

Reliq Health Technologies Inc. (TSXV:RHT), a healthcare tech stock, surged after saying it has begun onboarding new patients with three new physician practices

Sean Mason | June 11, 2019 | SmallCapPower

New patient onboarding powered a Canadian healthcare tech stock sharply higher Tuesday. Here’s some small stocks making big moves on Tuesday, June 11, 2019 (as of 4 pm EST):

Reliq Health Technologies Inc. (TSXV:RHT), a healthcare tech stock, climbed 27% to $0.215 on Tuesday after announcing that it has begun onboarding new patients with three new physician practices in Texas.

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As well, shares of Electrovaya Inc. (TSX:EFL) rose 8% to $0.28 as the manufacturer of lithium-ion batteries, battery systems, and battery-related products for energy storage said it has launched more than 25 different lithium-ion ceramic battery models for the electric forklift market.

TSO3 Inc. (TSX:TOS), meanwhile, reported that a preferred supplier agreement has been signed with Capstone Health Alliance, a group purchasing alliance representing close to 300 acute care facilities in 24 states across the United States. TSO3 stock moved up 24% to $0.36 following the announcement.

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Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.

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