(NISN) Is A Low Float Nasdaq Former Champ That Dropped Huge Collaboration News This Week (Read Immediately)
The opening bell just rang, so let's dive in quickly...
Last month, I brought this profile to your attention and watched as it ran approximately $1.25 from the open on 6/7 to the high on 6/8.
Now, I want you to get this Nasdaq profile back on your radar due to several potential catalysts
What kind of catalysts? Well, let's just say, huge collaboration news this week, a low float, and a chart displaying major growth potential is just the tip of the iceberg.
That's why for today, July 21st, there is only one Nasdaq profile to have on your radar:
Nisun International Enterprise Development Group Co., Ltd (Nasdaq: NISN)
Nisun International Enterprise Development Group Co., Ltd is a technology-driven, integrated supply chain solutions provider focused on transforming the corporate finance industry. Leveraging its industry experience, Nisun is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and fin-an-cial institutions.
Through its subsidiaries, Nisun provides users with professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and fin-an-ce institutions, enabling the industry to strengthen and grow. At the same time, Nisun continues to deepen the field of industry segmentation through industrial and fin-an-cial integration, by cultivating/creating an ecosystem of openness and empowerment.
Nisun has built a linked platform that incorporates supply chain, banking, securities, trust, insurance, funds, state-owned enterprises, among other businesses. Focusing on industry-fin-an-ce linkages, Nisun aims to serve the upstream and downstream of the industrial supply chain while also assisting with supply-side sub-sector reform.
And, because of a handful of potential breakout catalysts, NISN requires your immediate attention today.
Your #1 NISN Potential Breakout Catalyst - Low Float
According to Yahoo Finance, NISN has a small float.
The website reports this profile to have approximately 8.51Mn shares in its float.
Why is that important? It's important on one crucial level. Volatility.
With so few shares available for trading, potential driver indicators can send shares heading vertical in the short-term.
Your #2 NISN Potential Breakout Catalyst - More Huge Collaboration News This Week
Nisun International Announces Strategic Collaboration with Zhongneng Shanhua Energy to Jointly Develop Supply Chain Services in the Energy Industry
SHANGHAI, July 20, 2021 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd ("Nisun" or the "Company") (Nasdaq: NISN), a provider of innovative comprehensive solutions through an integration of technology, industry, and finance, today announced Fanlunke Supply Chain Management (Shanghai) Co., Ltd, a controlled affiliate of the Company, has entered into a strategic collaboration agreement with Shanxi Zhongneng Shanhua Energy Co., Ltd ("Zhongneng Shanhua"), a subsidiary of Shanxi Energy Group Co., Ltd. Pursuant to the agreement, the two parties will enter a joint cooperation to develop supply chain services targeting the coal industry.
Under this cooperation, Nisun will leverage its expertise in supply chain management to build an efficient, reliable and credible digital supply chain system for Zhongneng Shanhua, using innovative technologies such as blockchain and big data algorithms. This newly developed system is expected to accelerate the digital transformation of Zhongneng Shanhua's upstream and downstream supply chain. Through this partnership, Nisun will promote the integration of its supply chain services and expand its customer base in the energy industry while improving client experiences through the energy technological expertise of Zhongneng Shanhua.
Mr. Xiaoyun Huang, Chairman and Chief Executive Officer of Nisun International, commented: "This partnership represents a new step in Nisun International's strategic development and demonstrates the endorsement of our supply chain solutions and management capabilities by a provincial level enterprise. As China makes innovative application of supply chain a national strategy, Nisun will continue to leverage our innovative expertise and technological capabilities in the supply chain business to provide more efficient and flexible products and services for our customers. Meanwhile, we continue to develop business opportunities to work with other companies in the commodity markets such as steel, gold, chemicals and agricultural product companies."
Shanxi Zhongneng Shanhua Energy Co., Ltd is a subsidiary of Shanxi Energy Group, a Shanxi provincial government backed major energy enterprise. Its business encompasses the development of new energy technology, the coal industry, construction projects and electronic products.
Read the full article here.
Your #3 NISN Potential Breakout Catalyst - Major Vertical Surge Chart History
Take a moment and check out NISN's 1-Year chart: