Traders bet big on $1 Nasdaq target for Taronis Technology

JULY 12th
Taronis Technologies (TRNX +20.8%) announced that the Nasdaq Hearings Panel has granted the Company’s request for an extension through September 19, 2019, to evidence compliance with Nasdaq’s minimum bid price requirement of $1/share.The Company must evidence a closing bid price of at least $1/share for 20 consecutive trading days on or before September 19, 2019.
JULY 8th
Taronis Technology shares are trading higher after the company generated record MagneGas production.

AVERAGE ANALYSTS PRICE TARGET $2
AVERAGE ANALYSTS RECOMMENDATION BUY
SHORT INTEREST 8.15%

COMPANY PROFILE
Taronis Technologies, Inc. is a technology company, which engages in the production of a plasma based system for the gasification and sterilization of liquid waste. Its products include magnesGas2, magneTote, and co-combustion. The company was founded by Ruggero Maria Santilli on December 9, 2005 and is headquartered in Tarpon Springs, FL.