Dalrada Corporation (OTCMKTS:DFCO) Stock Consolidates After Big Rally

Shares of Dalrada Corporation (OTCMKTS:DFCO) have been moving within a range after gaining 110% in the past week.

Trading Data

On Tuesday, DFCO stock fell 2.67% to $0.7203 with more than 44k shares, compared to its average volume of 113k shares. The stock moved within a range of $0.6770 – 0.7400 after opening trade at $0.69.

San Diego Gas & Electric Executive Ted M. Reguly Appointed to Dalrada Clean Energy Advisory Board

Dalrada Corporation (OTCMKTS:DFCO) announced further expansion of its Clean Energy Advisory Board, on February 22, 2022. The Clean Energy Advisory Board of Dalrada consists of eminent community leaders in the fields of climate, business, and environmental sustainability, among others. It has appointed energy industry executive Ted. M. Reguly, with years of experience in the growth of San Diego Gas & Electric’s (SDG&E) clean energy future. His expertise perfectly aligns with the company’s clean energy initiatives and vision.

Brian Bonar, Chairman and CEO of Dalrada, comments that assembling diverse perspectives on the evolution of energy eases the transition from fossil fuel dependence to trackable, sustainable, and responsible clean energy practices. Mr. Reguly’s impressive feats with technology-driven energy eco-systems are what will contribute towards the transition.

M. Reguly’s tenure as a Director at Sempra Energy’s San Diego Gas & Electric includes enabling state and federal policy compliance. It is “compliance” that will play an integral role in the modernization and optimization of energy infrastructure for efficient on-demand use by end-customers.

Transparency and accountability are the key factors, when it comes to all net-zero initiatives that must prove effectiveness by 2050. Advanced technology facilitates the intended results of net-zero plans. Dalrada stays committed to producing advanced technology innovations that make the use of clean energy in future, simpler than ever before, while taking good care of the environment.

Key Quote

Brian Bonar, Chairman and CEO of Dalrada, states, “Mr. Reguly’s proven track record with technology-driven energy eco-systems is profound, and Dalrada is honored that he joined the Company’s advisory board. Assembling diverse perspectives on the evolution of energy aids the transition from fossil fuel dependence to trackable, sustainable, and responsible clean energy practices.”

Technical Data

DFCO stock is trading above the 20-Day and 200-Day Moving averages of $0.61 and $0.48 respectively. However, the stock is below the 50-Day moving average of $0.74.