If you are looking into those stocks this morning which may have recorded significant gains this past Friday then it may be a good time to start looking into the Solar Integrated Roofing Corp (OTCMKTS:SIRC) stock.
Trading Data
On Friday, SIRC stock moved up 11.20% to $0.4726 with more than 932k, compared to its average volume of 2.20 million shares. The stock has moved within a range of $0.4250 – 0.4800 after opening trade at $0.43.
Solar Integrated Roofing Corp. Appoints Pablo Diaz as President
The stock was in sharp focus among investors this past Friday and managed to clock gains of as much as 11%. In this context, it might be a good time for investors to perhaps take a look at the announcement made by the company on Friday. Solar Integrated Roofing announced on Friday that Pablo Diaz was appointed as its President.
It was a significant development and at the same time it is also important to point out that Diaz is also the Chief Executive Officer of USA Solar Networks, a subsidiary company of Solar Integrated Roofing.
The company noted that it went for such a move in order to ensure that Diaz could oversee the basket of companies that is owned by Solar Integrated Roofing. It now remains to be seen if the stock can still continue to hold on to its momentum over the course of the coming days. Investors could do well to track the Solar Integrated Roofing stock today.
Key Quote
“In his initial four months since joining SIRC as CEO of our USA Solar Networks subsidiary, Pablo has developed a nationwide dealer and contractor network while concurrently securing $280 million in commercial projects for our development pipeline,” said David Massey, CEO of Solar Integrated Roofing Corp. “His relentless drive has been invaluable, changing the course of SIRC for the better. I look forward to working closely with him to drive long-term value creation for our shareholders.”
Technical Data
SIRC stock is below the 20-Day and 50-Day Moving averages of $0.48 and $0.51 respectively. Moreover, the stock is trading below the 50-Day moving average of $0.65. The stock is up 29% in the past 3-month.
