InnerScope Hearing Technologies Inc. (OTCMKTS:INND) Stock Attempts To Bounce Back After The Recent Fall
InnerScope Hearing Technologies Inc. (OTCMKTS:INND) was up 7% but down 40% in aweek. The over-the-counter and direct-to-customer hearing solution leader has announced a partnership with Atlazo Inc. to create next-gen hearable products and hearing aids using Atlazo’s proprietary AI hardware platform.
Market Stats
On Thursday, INND stock jumped 7% at $0.1370 with more than 147.78 million shares, compared to its average volume of 70.90 million shares. The stock has moved within a range of $0.0128 – 0.0152 after opening the trade at $0.0145.
Partnership with Atlazo Inc.
In addition, consumers will have access to remarkable new features, such as frequent health monitoring, voice commands, and seamless networking with other smart devices, thanks to Atlazo’s patented ultra-low-power System-on-Chip (SoC).
Adnan Shennib, InnerScope’s chief technology officer, said that consumers would benefit from enhanced hearing in the loud environment as well as natural ways of interacting with wireless devices such as mobile phones. In addition, Atlazo’s digital hardware platform minimizes cost and manufacturing period for the wearables.
Atlazo CEO and Founder Matthew Moore said they are pleased to partner with InnerScoper and the iHEAR team on creating new smart hearing products that leverage iHEAR’s wide expertise in hearing health. So, in the coming weeks, investors should keep an eye on INND.
Key Quote
Mr. Adnan Shennib, Chief Technology Officer of InnerScope, stated: “Consumers will not only benefit from improved hearing in noisy environments but also from natural ways to interact with other wireless devices, including mobile phones, providing an enhanced, more convenient, user experience.”
Traders Corner
INND stock is trading below the 20-Day and 200-Day Moving averages of $0.0147 and $0.0191 respectively. However, the stock is trading above the 50-Day moving average of $0.0112. The stock is up 58% in the past month.
