VizConnect Inc. (OTC: VIZC) Stock In Focus After Expanding Portfolio

This past Friday, VizConnect Inc. (OTC: VIZC) was one of the companies that had been in the news cycle owing to a fresh new development, and this morning it is likely to be on the radars of many investors. As a consequence, it may be a good idea to take a closer look into it, and in this feature, we do exactly that.

The Announcement

The company announced last Friday that its business unit, Croteau Homes, had broken ground on the first residential project for 2025. The project in question is located in Gray, Maine. In the news release, VizConnect announced that since Croteau already had strong network of subcontractors in the region along with a strong supply chain for raw materials in the region, it would make it feasible for the entity to deliver affordable homes in the area. The company also stated that that launch was a strategic milestone for Croteau Homes.

Further Information

It was also revealed that the construction work on the new homes would begin at some point in the upcoming weeks. The aim of the project would be to provide energy-efficient, modern, single-family residences at affordable costs in a region with high demand.

Technicals

+/- EMA(20)0.0004 (+25.00%)
+/- SMA(50)0.0004 (+25.00%)
+/- SMA(200)0.0004 (+25.00%)
5-Day Perf.+25%
1-Month Perf.
3-Month Perf.+66.67%
6-Month Perf.+25%
YTD Perf.+25%
1-Year Perf.+25%
RSI(14)65.67
ATR(14)
ADX(14)47.37