Glucotrack Inc. (NASDAQ:GCTK) shares are trending on Tuesday night.
Shares of the New Jersey-based medical technology company jumped 69.27% to $0.90.
Volume for the day rose to 39.55 million shares, approximately 32.7 times the stock’s average daily volume of 1.21 million shares, indicating significantly elevated trading activity.
The stock move followed Glucotrack’s last week announcement that the U.S. Patent and Trademark Office issued a Notice of Allowance for a patent titled “Methods and Systems for Continuously Monitoring the Glucose Level of a Patient.” The allowance expands intellectual property protection around the company’s continuous blood glucose monitoring (CBGM) platform.
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