DGTL Holdings Inc. (OTCMKTS:DGTHF) Stock Jumps After Management Changes

DGTL Holdings Inc. (OTCMKTS:DGTHF) was up 6% after announcing the appointment of a new senior executive and Board of Director position following the fruitful completion of a Plan of Arrangement combination With Engagement Labs.

Market Stats

On Friday, DGTHF stock went up 6% to $0.1366 with 360 shares, compared to its average volume of 2.3K shares. The stock moved within a range of $0.1366 – 0.1366 after opening trading at $0.1366.

DGTL Holdings Inc. Reports New Senior Management and Board Appointments

Also, the company has reported on near-term corporate integration initiatives and long-term company development plans. The company’s founder and director, John Belfontaine, will be DGHL Holdings’ CEO and Board of Directors chairman and the only Engagement Labs director.

On the other hand, Engagement Labs CEO Ed Keller and ex-Chief Technology Officer Cedric de Saint Leger have left Engagement Labs and its affiliates as per the terms and conditions of closing the Plan of Arrangement. However, Steven Brown will continue in his role as Chief Revenue Officer and President of Engagement Labs. Also, the company has reported that Michael Racic and Steven Goldberg have resigned as directors and officers of the company. So investors should keep an eye on DGTHF is in the coming weeks.

Traders Corner

DGTHF stock is trading above the 10-Day and 20-Day Moving averages of $0.1320 and $0.1320 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.2193.

Jon Williams

Jon graduated from the University of Michigan with a degree in finance. He is an avid investor and enjoys reporting on the markets. When he is not in front of a computer he enjoys playing golf and watching basketball.