There is no doubt that the NFT (non-fungible token) and the metaverse have emerged as massive new opportunities for many companies. In addition to the some of the biggest companies in the world, many other companies are joining in as well and hence, it is no surprise that American Leisure Holdings (OTCMKTS:AMLH) has also decided to explore opportunities in that space.
Trading Data
On Tuesday, AMLH stock ended flat at $0.0016 with more than 43.54 million shares, compared to its average Tuesday of 50.51 million shares. The stock moved within a range of $0.0014 – 0.0018 after opening trade at $0.0016.
American Leisure Holdings Adds Accomplished Technologist, Jonathan Herman as Technology Strategy Advisor
As it happens, the American Leisure Holdings stock has also performed strongly in the past week and has managed to deliver gains of as much as 45% during the period. Hence, it may be a good time to take a look at a key development from yesterday.
The company announced yesterday that it hired the services of a new Technology Strategy Advisor in the form of Jonathan Herman. It is a major appointment from the company since Herman is not only a well-known technology innovator of long standing but also a well reputed entrepreneur.
He is going to provide his expertise so that American Leisure Holdings could enter the NFT and Metaverse sectors in a meaningful way and navigate it effectively. It may be the right time for investors to add the stock to their watch lists at this point.
Key Quote
Of his advisory role with AMLH, Jonathan says… “I’m very excited to work with AMLH’s CEO, Adrian Patasar to capitalize upon the unlimited potential of Web 3.0 and enter ventures that reach new levels of innovation while enhancing shareholder value.”
Technical Data
AMLH stock is trading above the 20-Day and 50-Day Moving averages of $0.0013 and $0.0014 respectively. However, the stock is trading below the 200-Day moving average of $0.0025.
