BioLargo Inc (OTCMKTS:BLGO) Stock In Focus After Latest News

Full service environmental engineering and sustainable clean tech technology firm BioLargo Inc (OTCMKTS:BLGO) is a company that investors could consider tracking this week.

Trading Data

On Friday, BLGO stock slumped 0.88% to $0.2240 with more than 189.36K shares, compared to its average volume of 296.62K shares. The stock moved within a range of $0.2240 – 0.2265 after opening trading at $0.2241.

BioLargo Subsidiary Clyra Medical Technologies Adds Two Medical Industry Veterans to its Board of Directors

The company came into the news cycle on Monday after it announced that Clyra Medical Technologies Inc, its subsidiary unit, had appointed to new directors to its board of directors. The new directors who had been added to the board are Linda Park and Nicholas Valeriani. The appointment of new members to the board is almost always followed closely by investors and it is going to be interesting to see if it leads to any move in the BioLargo stock or not.

In this situation, it could be a good idea for investors to consider taking a look into the credentials of the new members of the Clyra Medical board. Valeriani is an executive with decades of experience in the fast growing medical device industry and worked for more than 34 years in the behemoth Johnson & Johnson.

He had been a member of the executive committee there. On the other hand, Linda Park is a well-regarded legal professional and has an excellent track record of having advised publicly listed companies throughout her career.