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CECORS Inc (OTCMKTS:CEOS) Stock On Radar After Key Hiring

Madison Hall , , , ,

One of the companies that may be worth tracking at this point in time is CECORS Inc (OTCMKTS:CEOS) and that is primarily because of the developments that have been taking place in relation to PsyKey Inc, its fully owned innovative wellness subsidiary unit.

Trading Data

On Thursday, CEOS stock increased 7.73% to $0.0237 with more than 161.80K shares, compared to volume of 332.69K shares. The stock moved within a range of $0.0201 – 0.0240 after opening trade at $0.0220.

PsyKey, Inc. Announces Veteran Corporate Executive & Scientific Innovator John Gustin as Head of Global Business Development

As it happens, PsyKey was in the news earlier on in the week on October 31 and it may be a good idea for investors to consider taking a look at the development. At the time, the company announced that it had appointed a new chief of global business development in the form of John Gustin. The appointment of an executive in such a position is almost always a major development for any company and investors could dowell to take a closer look into it.

It is important for investors to note that Gustin is a highly experienced executive who is also known for being a scientific innovator. At this point in time, he has experience that spans across a period of more than thirty years. On the other hand, he has also been instrumental in building up some of the quickest growing nutritional firms and brands through direct sales. Hence, such considerable experience is expected to be of major importance for PsyKey in the long run as it tries to ramp up its business in a big way in the coming years.

While he has managed to grow businesses, he also commands considerable experience in the actual product. Gustin has been involved in leading the efforts related to the development and patenting of a range of functional health and wellness formulations which have gone on to be successful. Additionally, he has also been the author of a range of articles on these subjects. It may be a good time to keep track of the CECORS stock.

Technical Data

CEOS stock is trading below the 20-Day and 50-Day Moving averages of $0.0273 and $0.0328 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0576.

Madison Hall

After graduating from the University of Buffalo, Madison gained a real interest in the markets. She tends to be a swing trader and enjoys Pilates and yoga in her downtime.