There were many stocks that ended up clocking considerable gains on Wednesday and one of those was the GZ6G Technologies Corp (OTCMKTS:GZIC) stock, which ended up with gains of as much as 32%.
Trading Data
On Wednesday, GZIC stock rose 32.33% to $0.0284 with more than 1.65 million shares, compared to its average volume of 518.78K shares. The stock moved within a range of $0.0200 – 0.0288 after opening trade at $0.0215.
Green Zebra Networks, Div of GZ6G Technologies Corp., Signs Exclusive Agreement With RE/MAX
While it is true that there was no news about GZ6G Technologies yesterday, it should be noted that last week on September 22 the company made a key announcement with regards to its business unit Green Zebra Networks. The business unit is involved in providing IT networking, IT managed services, and IT advisory services to small to medium-sized businesses based out of Southern California.
Last week it was announced that Green Zebra Networks had gone into an agreement with the real estate company RE/MAX to be its IT services provider. RE/MAX is based out of Orange County in California. In addition to that, it is important to point out that since all the RE/MAX locations are similar in nature it could also be possible for Green Zebra Networks’ services to be expanded to locations other than the one in Orange County. The latest agreement is one of the many that the company had been working on in the small to medium companies space.
Key Quote
“We offer advisory services to business owners that fill a gap in relevant technical expertise,” commented Karl Hoenecke, Director of Sales and Operations for Green Zebra Networks, “Our objective is to make it easier for companies to conduct business. We do this by adding value with our advisory services, reducing overhead costs, and providing round-the-clock technical support. Our goal isn’t to offer band aids to current issues, but to provide thoughtful solutions that enable companies to execute their business strategy free from technology worries.”
Technical Data
GZIC stock is trading below the 20-Day and 50-Day Moving averages of $0.0337 and $0.0582 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.8797.
