Fantex (OTCMKTS:EJMLL) Trading 100% Higher – Here’s Why

Fantex, Inc. (OTCMKTS:EJMLL) shares were up 100% on Wednesday . The company traded as high as $1.00 and last traded at $1.00. Approximately 100 shares were traded during mid-day trading, a decline of 32% from the average daily volume of 148 shares. The stock had previously closed at $0.50.

Fantex Price Performance

The stock’s 50 day moving average price is $1.00 and its 200-day moving average price is $1.00.

Fantex Company Profile

Fantex, Inc (Fantex) is an early-stage start-up company. Fantex is a brand acquisition, marketing and brand development company. The Company is focused on acquiring minority interests in the income associated with the brands of professional athletes. Its operations consist of evaluating, targeting and accessing brands, and negotiating the acquisition of minority interests in those brands that meet its criteria.