The appointment of new executives is almost always seen as a significant piece of news by investors and hence, it may be a good move for investors to consider taking a look at the Valiant Eagle Inc (OTCMKTS:PSRU) stock this morning.
Trading Data
On Wednesday, PSRU stock ended flat at $0.0006 with 1.43 million shares, compared to its average volume 26.42 million shares. The stock moved within a range of $0.0005 – 0.0006 after opening trade at $0.0006.
Valiant Eagle Inc. (OTC:PSRU) Appoints Luis Pando as Chief Technical Officer AND Hires Bruno Ramos as Head Of Engineering
The company was in the news yesterday after it announced that it had appointed a new Chief Technology Officer in the form of Luis Pando and also hired a new Head of Engineering in the form of Bruno Ramos. It should be noted that it was the first time that the company appointed a Chief Technology Officer and it goes without saying that it was a significant development.
However, in this context, it is perhaps important to point out that the company is fast becoming a significant player in the entertainment and technology industries.
Hence, the appointment of a Chief Technology Officer for the first time was perhaps not entirely surprising. Pando is going to be responsible for bringing about growth for the company while at the same time he is also going to set the vision as well as a strategy for the systems and technological developments at Valiant Eagle.
Technical Data
PSRU stock is trading below the 20-Day and 50-Day Moving averages of $0.0007 and $0.0008 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0015. The company has a total market capitalization of $0.60K. The stock is down 25% over the past month.
