Diversified technology company Nitches Inc (OTCMKTS:NICH) was one of the companies that had come into focus in a big way among investors yesterday and its stock ended up with gains of as much as 9% as a consequence. In light of such gains, it may be a good idea from investors to consider taking a look at the announcement from the company yesterday.
Trading Data
On Wednesday, NICH stock gained 9.05% to $0.27 with more than 948K shares, compared to its average volume of 325K shares. The stock moved within a range of $0.1900 – 0.2700 after opening trading at $0.2029.
Nitches Names Anthony Piper as Creative Director
Nitches announced that it had hired the famous Marvel Comics writer and illustrator Anthony Piper as the creative director of Nitches. It was a major appointment from the company and one that seemed to have come as a source of considerable optimism for investors.
In this context, it ought to be noted that Piper is going to be responsible for the development of all the digital as well as visual aspects of the business for Nitches. It is going to be involved in the NFT projects, digital imagery, assorted campaigns and in developing gripping storylines.
The appointment of someone of that stature is certainly a major positive for Nitches and it remains to be seen how the projects are progresses in the coming days. Investors could consider keeping an eye on the stock at this point.
Key Quote
“We are thrilled to have someone as talented and forward-thinking as Anthony Piper join the Nitches’ team,” said John Morgan, Nitches’ CEO. “He will be an essential part of building our Web 3.0 initiatives by creating a strategic vision for our company and memorable NFTs that can be sold as digital collectibles and art.”
Technical Data
NICH stock is trading above the 50-Day and 200-Day Moving averages of $0.24 and $0.18 respectively. The stock is trading in the neutral zone with RSI stands at 43.
