Plymouth Rock Technologies Inc (OTCMKTS:PLRTF) Stock Gains Momentum: Here is Why

Unmanned aircraft systems technology development company Plymouth Rock Technologies Inc (OTCMKTS:PLRTF) announced last Thursday that it had appointed a new Chief Executive Officer and President in the form of Phil Lancaster.

Trading Data

On Friday, PLRTF stock rose 2.90% to $0.0746 with 53.71K shares, compared to volume of 36.32K shares. The stock moved within a range of $0.0615 – 0.0833 after opening trade at $0.0790.

Plymouth Rock Technologies Announces Phil Lancaster as CEO & President

The appointment of the top executive of a company is almost always seen as a major development and it is likely that the company would get a degree of attention from investors. In this context, it could be a good idea for investors to consider taking a closer look at Lancaster’s credentials before making up their minds about the appointment one way or another.

Lancaster is a former British police officer and brings a wealth of law enforcement experience to the table as an executive. Additionally, he also holds significant experience in business and previously worked in senior management positions in both private as well as public companies. Over the course of his career, he received a number of important awards for his accomplishments in the United Kingdom and in British Overseas Territories.

Lancaster has also penned a number of articles for journals on the topic of soft target hardening and other forms of innovations in the industry. It remains to be seen how the market reacts to the development this week.

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.