From Technical Analysis stand point: Whenever a short time frame moving average crosses above a longer time frame moving average, it is common to see the price surge upwards. The daily (9-hour) period moving average (MA) is on track to cross above the weekly (45-hour) moving average. With momentum on the back of KBNT's upcoming earnings report (probable beat), the daily moving average may cross above the monthly (189-hour) moving average as well. The white circles show how the price has reacted when these moving averages have been crossed in the past.
KBNT (Kubient, Inc.) Is expected to release their Q4 2020 earnings report (after close of market) on Thursday (25/Mar/2021). They have scheduled a conference call at 5:00 PM EST on the same day to discuss their earnings. U.S. dial-in: 1-877-407-9208 International dial-in: 1-201-493-6784 Live broadcast: c212.net/c/link/?t=0&l=en&o=3093107-1&h=539919079&u=http%3A%2F%2Fpublic.viavid.com%2Findex.php%3Fid%3D143872&a=here
What leads me to believe that this will be a significant earnings beat is the following: On their Form S1 filed 2/July/2020, Kubient indicated that quarterly revenue was expected to reach $500,000/quarter if their contract with the Associated Press was renewed. See SEC filing for reference: sec.gov/Archives/edgar/data/0001729750/000110465920080690/tm2023792-1_s1.htm Search for the words "from the AP Agreement" on the document for reference.
This contract appears to have been renewed. Here is more on how it originated and progressed. adexchanger.com/the-sell-sider/the-associated-press-boosted-revenue-by-culling-its-ads-txt-file/
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