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GZ6G Technologies Corp (OTCMKTS:GZIC) Stock Continues to Trade in a Narrow Range After The Recent Fall

Pete Matthews , , , ,

Shares of GZ6G Technologies Corp (OTCMKTS:GZIC) have been trading within a narrow range over the past month.

Market Stats

On Tuesday, GZIC stock fell 3.16% to $1.84 with more than 7.6k shares, compared to its average volume of 29.20K shares. The stock has moved within a range of $1.7000 – 1.9000 after opening trading at $1.90.

GZ6G Technologies Adds More Professionals to Software Development Team

GZ6G Technologies Corp (OTCMKTS:GZIC) made an announcement on February 01, 2022, about important new hires as part of its software engineering team. They will focus on boosting development of proprietary Wi-Fi 6 and 5G software (SaaS platforms) for smart cities and venues, thus offering access to custom software services. It will help to keep up with the demands of a dynamic and emerging technologies market.

Coleman Smith, Chief Executive Officer of GZ6G, is hopeful regarding the new crop of talent in the company. He stated that filling out a variety of roles will massively enhance their software development capabilities and software services. Venues are upgrading facilities with 5G and Wi-Fi 6, so the focus is on delivering first-class solutions with data integrations, security, platform controls, and AI-powered predictive modeling to analyze past, present, and future growth. The new hires are:

Abdallah Altabakhi, IT Engineer, Aline Espino, Front End Designer, Josh Slone, Front End Designer, Keerti Mishra, Project Management Software Engineer, Michael Pritchard, Web Designer, Omar Perez, Jr. Business Analyst, Travis Milam, UI/UX Engineer, Vincent Rivera, UX Writer.

As mentioned, the new hires are set to assume several roles in software and data analytics. Responsibilities include development of proprietary products across a variety of platforms including IPTV, Wi-Fi, Captive Portal, and Point of Sale. As a team, they will work towards GZ6G’s mission of exploring innovative enterprise applications using automation, artificial intelligence (AI), machine learning, blockchain, IoT, data analytics, cloud applications, and game-changing technologies.

Traders Corner

GZIC stock is trading below the 50-Day and 200-Day Moving averages of $1.95 and $2.20 respectively. However, the stock is trading above the 200-Day moving average of $1.81.

Pete Matthews

Pete attended the University of Colorado and still calls the centennial state home. He chases trout in the summer and snowboards in the winter. He is fascinated with the markets and has a strong interest in nanocap stocks and crypto currency.