Shares of Takung Art Co Ltd TKAT are trading significantly higher Thursday on above-average volume.
The average daily volume for the stock is about 1.8 million. At the time ofpublication, the daily volume was already nearing 20 million shares.
Takung Art provides a secure and easy way for art collectors and investors to acquire shared ownership in fine art. The stock became popular among retail traders amid the rise in popularity of non-fungible tokens, or NFTs, earlier this year.
Takung Art was one of the top trending stocks on Stocktwits at the time of publication.
Related Link: Takung Art Raises $5M Via Private Placement At 29.3% Discount
Price Action: Takung Art has traded as high as $74.11 and as low as 77 cents over a 52-week period.
At last check Thursday, the stock was up 18.10% at $8.17.
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