Defense Technologies International Corp (OTCMKTS:DTII) Stock Recovers From The Recent Fall

Defense Technologies International Corp (OTCMKTS:DTII) is likely to be in focus today considering the fact that the company’s stock had been one of the notable gainer on Wednesday and clocked gains of as much as 13.50%.

Market Stats

On Wednesday, DTII stock soared 13.56% at $0.0067 with more than 235K shares, compared to its average volume of 1.57 million shares. The stock has moved within a range of $0.0057 – 0.0067 after opening trading at $0.0061.

Appoints a National Marketing Director

In this situation, it might be a good idea for investors to perhaps take a closer look at the announcement from the company on Wednesday. The company announced that it had appointed Jonathan Silver as its new National Marketing Director. In this regard, it should be noted that Silver will also be in charge of Passive Security Scan Inc, which is a subsidiary company of Defense Technologies International.

It is a major appointment for the company and considering Silver’s credentials, it is easy to see why investors might be excited about it. Silver, who graduated from East Carolina University, earlier worked with United States Congressmen and United States Senators.

In addition to that, Silver is also an expert on digital media and has considerable experience in the world of business. As a matter of fact, his work with Defense Technologies International was instrumental in the company’s Passive Portal getting installed at a school in South Carolina. It was the first significant installation for the product.

Traders Corner

DTII stock is trading below the 20-Day and 50-Day Moving averages of $0.0075 and $0.0096 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0149. The stock is down 35% in the past month.