Why Did JZZ Technologies Inc (OTCMKTS:JZZI) Stock Fall 8% On Thursday?
Diversified technology company, JZZ Technologies Inc (OTCMKTS:JZZI), is engaged in three distinct business sectors including digital media, strategic biotechnology, and bioscience-related to Human Life Extension as well as Human Longevity to improve the quality of life for the senior population.
Market Stats
On Thursday, JZZI stock moved down 8% to $0.0023 with more than 9.98 million shares, compared to its average volume of 8.55 million shares. The stock moved within a range of $0.0021 – 0.0025 after opening trading at $0.0024.
JZZ Technologies, Inc. Adds Glutathione Product to its Growing Nutritional Supplements Line at ActiveLifestyleNutrition.com
JZZ Technologies Inc on July 21, 2022, has started offering a new formulation of Glutathione supplement through the activelifestylenutrition.com website. A powerful antioxidant, Glutathione is made in the body’s cells and is found naturally in the body, made from the L-cysteine, amino acids glycine, and L-glutamate. Also called GSH, it is made by the liver and made by liver and nerve cells in the central nervous system.
Its levels in the body can reduce due to environmental toxins, poor nutrition, and stress. Science-backed evidence points out that boosting glutathione may give several benefits including reduction of oxidative stress. Glutathione plays many roles including tissue detoxification, building and repair, and production of enzymes and hormones. Furthermore, it plays a vital role in the immune system.
Recommended for health conditions including Alzheimer’s, and heart disease, it is also used in dermatology for lightening skin and fighting visible signs of aging. Estimated to be USD $2 billion dietary supplements market, it aims to reduce the effects of aging and age-related conditions. The formulations include vitamins, Resveratrol, DHEA, as well as NAD boosters.
Charles Cardona, CEO of JZZ technologies Inc said that the company is expanding offerings of Active Lifestyle Brand nutritional supplements. Cardona added that the firm is focused on supporting active seniors 55+ with products, which can combat the effects of age-related changes as well as augment longevity. The CEO also said that it is counted as another quality product aligned with the target audience.
JZZ Technologies, Inc. Launches NAD Product Sales Through its Nutritional Supplements site ActiveLifestyleNutrition.com
JZZ Technologies Inc on July 18, 2022, confirmed selling a fresh formulation of a NAD (nicotinamide adenine dinucleotide) supplement through its activelifestylenutrition.com site.
People are always scouting for ways to feel vibrant and young. Even though there is no way to go back in time, researchers are exploring ways of anti-aging supplements, which can slow the signs of aging. Presently, nicotinamide adenine dinucleotide boosters are getting attention for potential anti-aging benefits.
Potential benefits of NAD supplements are improved memory, higher energy, lower blood pressure, and reduced cholesterol. More research is in progress to understand the impacts of NAD. The dietary supplements market for healthy aging is estimated to be USD $2 billion in annual sales. The formulations include Resveratrol, Beta Carotene, DHEA, and NAD supplements.
Charles Cardona, CEO of JZZ technologies Inc said that the Active Lifestyle Brand nutritional supplements sales focus on products that can be effective to help with aging health. Cardona added that the NAD booster product is an example of the type of product being scaled up on the digital and marketing platforms.
Traders Corner
JZZI stock is trading below the 20-Day and 50-Day Moving averages of $0.0027 and $0.0030. Moreover, the stock is trading below the 200-Day moving average of $0.0058.