CloudTag Inc reach 9 month high

CloudTag Inc (LON:CTAG), the company which develops personal performance monitoring for the consumer health, wellbeing and fitness markets on Friday reached a high of 3.28 GBX. The company launched its new wearable fitness tracker, the CloudTag Track, at the Consumer Electronics Show (CES) in Las Vegas earlier this year which enabled the progression of existing relationships with potential customers and the creation of new opportunities for commercialisation. These included discussions with some of the world’s largest consumer technology manufacturers, one of Europe’s leading sporting goods distributors and two of North America’s largest department stores and retail groups. Shortly after the company announced a US$5.2 million distribution agreement which generated further interest in the company.

CloudTag Inc have a 52 week low of 1.50 GBX while the 52 week high is 3.69. The opening price as of the 4th April 2016 is 3.28 GBX and has a market Cap of 8.52 million GBP. This sees the company trading now at it’s highest in 9 months.

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Q&A with Amit Ben-Haim Chief Executive Officer at CloudTag Inc (LON:CTAG)