E-commerce company RooLife Group (ASX:RLG) sees its shares surge by 13.3% to A$0.017, the highest it has been since March 6.

The increase comes after the firm announced that it had received orders valued at A$1.95 million ($1.3 million) from Shanghai No.1 Pharmaceuticals.

In the course of the day, the company recorded its most significant intraday percentage gain since September 15.

Approximately 6.4 million shares were exchanged at 6.6 times the 30-day average volume of 967,125 shares.

The firm’s stocks are currently trading above its 50-, 100-, and 200-day simple moving averages, which indicates a bullish sentiment.

Despite the current market situation, the company’s stocks have seen an increase of 50% this year, up to the last closing price.

RooLife Group (ASX:RLG) is an e-commerce firm that specialises in developing and delivering digital marketing and customer acquisition strategies.