Australia's RooLife Group rises on $1.3 mln order win

Roolife

25/09/2023 04:05

** Shares of e-commerce firm RooLife Group  RLG.AX  rise as
much as 13.3% to A$0.017, their highest since March 6 
    ** RLG says received orders worth A$1.95 million ($1.3
million) from Shanghai No.1 Pharmaceuticals 
    ** Stock logs its biggest intraday pct gain since Sept. 15
    ** About 6.4 mln shares change hands, 6.6x 30-day average
volume of 967,125 shares 
    ** Stock trading above its 50-, 100-, 200- day simple moving
averages, indicating bullish sentiment 
    ** Stock up 50% this year, as of last close


($1 = 1.5562 Australian dollars)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com))