HS GovTech (CSE: HS) showed impressive performance on Friday, as share price closed up nearly 60% from recent lows.
The company announced strong quarterly results in mid-July, noting $6 million in total contract value for the quarter. Leadership also stated that it anticipates further growth throughout Q3.
As HS continues to acquire contracts and scale its SaaS data management solutions for government organizations, it appears there is an abundance of opportunity for the company. It has a nearly 100% client retention rate and currently services more than 800 government agencies.
Given the recent price action, I’ll be watching for HS to make some big moves next week.
HS.c is currently trading at $.49, valued at $22.47 million.
https://ceo.ca/@newswire/hs-govtech-announces-q2-sales-performance-its-strongest