Shares of Fantex, Inc. (OTCMKTS:EJMLL – Get Free Report) were up 100% during mid-day trading on Tuesday. The company traded as high as $1.00 and last traded at $1.00. Approximately 100 shares traded hands during trading, a decline of 32% from the average session volume of 148 shares. The stock had previously closed at $0.50.
Fantex Price Performance
The company has a 50-day moving average price of $1.00 and a 200-day moving average price of $1.00.
About Fantex
Fantex, Inc. was a financial technology and sports-marketing company that developed a platform for creating and offering investment products linked to the future income of professional athletes and other public figures. The company sought to combine athlete branding, sponsorship opportunities and investment participation through securities associated with an individual’s contract and endorsement earnings. Fantex attracted attention for its planned and completed offerings connected to professional football players, including Vernon Davis.
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