Adia Nutrition Inc. (OTC: ADIA) Stock Takes a Hit: Here Is Why
As the trading week picks up steam, it is time for investors to look into those stocks that have come onto the radars of investors this week so far, and the Adia Nutrition Inc. (OTC: ADIA) stock could be one to track today. Yesterday, the company hit the news cycle following a key new announcement with regards to its operations.
Expansion Move
In the news release the company announced that it embarked on a strategic expansion plan for satellite locations of Adia Med across the United States. As per the plans for the initiative, the company would aim to make the innovative treatments from Adia Med considerably more accessible by creating partnerships with some of the high-end medical spas focused on wellness, body repair, and anti-aging.
Further Information
It was also noted that Adia Nutrition would coordinate with the top rung medical spas and leverage the reputation, networks, and customer base of those establishments to grow the advanced treatments from Adia Med. Last but not least, it should be noted that the model would be mutually beneficial to both partners in the arrangement. It remains to be seen if the Adia Nutrition stock gets any traction today or not.
CEO Comment
Larry Powalisz, CEO of ADIA Nutrition, stated, “Here is a piece of the roadmap of our expansion as promised. This expansion into satellite locations through strategic partnerships with premier Med Spas is a testament to our commitment to making our life-changing therapies more accessible. We believe this model not only accelerates our growth but also aligns perfectly with our vision for regenerative medicine.”
Technicals
| +/- EMA(20) | 0.0654 (+7.03%) |
| +/- SMA(50) | 0.0305 (+129.51%) |
| +/- SMA(200) | 0.0144 (+386.11%) |
| 5-Day Perf. | -6.67% |
| 1-Month Perf. | +629.17% |
| 3-Month Perf. | +1300% |
| 6-Month Perf. | +976.92% |
| YTD Perf. | +976.92% |
| 1-Year Perf. | +250% |
| RSI(14) | 54.16 |
| ATR(14) | 0.02 |
| ADX(14) | 32.21 |
