Optex Systems Holdings Inc (OTCMKTS:OPXS) Stock Extends Rally: Apoints New Board Member
On Tuesday, the precision optical sighting systems manufacturing leader Optex Systems Holdings Inc (OTCMKTS:OPXS) was in the news after it made an announcement with regards to the appointment of a new member of its board.
Trading Data
On Tuesday, OPXS stock moved up 1.92% to $2.3900 with more than 17.70K shares, compared to its average volume of 13.91K shares. The stock moved within a range of $2.3300 – 2.4200 after opening trade at $2.3300.
Optex Systems Holdings, Inc. Announces Appointment of New Board Member
The latest member to have been inducted into its board of directors was Dayton Judd and it goes without saying that it was a major new announcement from Optex Systems Holdings. The Chief Executive Officer of the company and the chairman of its board, Danny Schoening spoke about the appointment as well. He noted that everyone at the company was highly pleased at the appointment as well. He went on to add that Judd brings a wide range of experience into the role of a new director in the company.
In this context, it may be a good idea for investors to perhaps take a closer look at the credentials of Judd as a director. He is best knonw for being a managing partner and founder of the company Sudbury Capital Management LLC. In addition to that, he is also the Chief Executive Officer and Chairman of the firm FitLife Brands Inc. It remains to be seen if the Optex Systems Holdings stock gains any momentum today.
Key Quote
Danny Schoening, Chairman of the Board and CEO of Optex commented, “We are extremely pleased to announce that Mr. Judd has joined the Optex Systems Holdings, Inc. Board of Directors. Mr. Judd brings a diverse set of experiences from multiple industries which will help Optex in our path towards profitable growth”.
Traders Corner
OPXS stock is trading above the 20-Day and 200-Day Moving averages of $2.35 and $2.08 respectively. However, the stock is trading below the 50-Day moving average of $2.47.
