The last week has been a good time for CES Energy Solutions Corp (OTCMKTS:CESDF) (CSE:FE) investors as the stock went on a strong rally and clocked gains of as much as 15% during the period.
Trading Data
On Wednesday, CESDF stock jumped 0.16% to close at $1.91 with more than 70k shares traded, compared to its average volume of 21k shares. The stock has moved within a range of $1.8600 – 1.9600 after opening trading at $1.96.
CES Energy Solutions Corp. Announces Additions to the Board of Directors
While the gains made by the stock are remarkable, it is also true that investors perhaps need to take a closer look at recent developments in order to make up their minds about it. There was no news about the company today but back on January 13, CES Energy Solutions had made an announcement with regards to a pair of key appointments.
The company announced that it had appointed Ian Hardcare and Joe Wright to its Board of Directors and the appointments went into effect on January 13. It goes without saying that the appointment of two new highly experienced and accomplished professionals as directors is a significant development for the company.
Both of them have command experience to the tune of more than a quarter of a century individually in their respective fields. While Right offers executive and entrepreneurial experience, Hardcare is a well known institutional investors. It may be a good idea to add theCES Energy Solutions stock to your watch lists at this point.
Key Quote
“We are very pleased to welcome Joe and Ian to the Board of CES”, said Ken Zinger, CEO of CES Energy Solutions.
Technical Data
CESDF stock is trading above the 20-Day and 50-Day Moving averages of $1.65 and $1.56 respectively. Moreover, the stock is trading above the 200-Day moving average of $1.43.
