Innovative trading and hedging firm Spooz Inc (OTCMKTS:SPZI) is mainly involved in the development of technologies which help in boosting profitability when one acquires of considerable amounts of commodities and other assets.
Trading Data
On Tuesday, SPZI stock slumped 20.70% to $0.0023 with more than 18.13 million shares, compared to its average volume of 40.44 million shares. The stock moved within a range of $0.0023 – 0.0030 after opening trade at $0.0028 .
Spooz, Inc. (SPZI) Launches Website Showcasing its Diverse Hedging and Trading Platforms
However, the Spooz stock was in the middle of a significant selloff on Tuesday and ended up with a decline of as much as 20%. In light of the alarming fall, it ought to be noted that earlier on in the week on March 7, the company launched its website www.spooz.com . The website is meat for providing a window into the wide range of trading and hedging platforms that the company offers in addition to the algorithms associated with the platforms.
The website also displays the company’s unique plans when it comes to the generation of revenues. In addition to that, the website also offers a wealth of information about the history of Spooz and the latest news with regards to the company. The availability of such information may prove to be vital to any existing or potential investors at any point. However, the stock did not fare well yesterday and suffered from a brutal selloff. Investors could do well to keep an eye on it over the coming days.
Key Quote
Paul Strickland, Spooz’s CEO stated, “I am proud and excited to share our Spooz website. I feel that it not only informs the public on our unique capabilities and provides optimal support, but provides the intangibles concerning what Spooz, Inc. is as company. This is one our many goals we had planned to achieve early this year and I look forward on sharing many more as we progress.”
Technical Data
SPZI stock is trading below the 20-Day and 50-Day Moving averages of $0.0031 and $0.0036 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0027.
