IQST Moving Average (MA) Crossover Alert Signals Near Term ROI Potential - $0.08 PPS With $0.54 Analyst TGT And $0.51 52Wk High

 

December 16, 2020 -- InvestorsHub NewsWire -- via pennymillions -- iQSTEL, Inc. (USOTC: IQST) is long-term telecom provider that has recently entered the fintech sector and started to make a name for itself.

In November, IQST reported record revenue for the month exceeding $5 million for the month. “November 2020 revenue was 277% higher than the $1.8 million in revenue reported last year, in November of 2019.” IQST’s year to date revenue is now $39,725,507 putting the company on track to exceed its $42 million revenue projection for 2020.

Technical trading indicators are signaling a potential for near term returns on an IQST investment with the 50 day moving averaging crossing over above the 200 day moving average.
 

 

The IQST PPS as of this writing is $0.08. Goldman Small Cap Research recently published a $0.54 PPS Target for IQST and the 52 wk high is $0.51.

IQSTEL, INC. - Great Q, New LOIs Affirm Thesis: IQST Shares Grossly Undervalued

 

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SOURCE: pennymillions