The ICW Holdings (OTCMKTS:ISWH) stock has not been able to perform strongly in recent days but yesterday the company’s Chief Executive Officer Alonzo Pierce went on Stock Day Podcast for a chat with the host Everett Jolly.
Trading Data
On Tuesday, ISWH stock ended down by 3.85% to $1.25 with more than 305k shares, compared to its average volume of 619k shares. The stock has moved within a range of $1.2100 – 1.3300 after opening trade at $1.32.
ISW Holdings Discusses Significant 2022 Revenue Potential and 2021 Highlights with The Stock Day Podcast
The stock did not have a good time in the markets though and in fact continued on its downward spiral to drop 4% for the day. The decline on Tuesday took the decline for the past week to as much as 14%. That being said, it may be a good move to take a look at some of the comments made by Pierce on The Stock Day Podcast.
The podcast host Everett Jolly asked Pierce about the considerable revenue potential that ICW Holdings has for the year 2022. When asked about the status of the key project, Pierce noted that the power lines have been established around a couple of days ago and the transformers had also been received the day after. Finally, Pierce stated that the whole project was moving smoothly and ahead of the original schedule.
Hence, it could be said that the comments from Pierce were positive ones and it now remains to be seen if it leads to any major move in the stock or not.
Technical Data
ISWH stock is trading below the 20-Day and 50-Day Moving averages of $1.40 and $1.77 respectively. Moreover, the stock is trading above the 200-Day moving average of $1.14. The stock is down 19% in the past week.
