ZoomAway Technologies Inc. (OTCMKTS:ZMWYF) Stock Continues to Trade Within a Narrow Range

ZoomAway Technologies Inc. (OTCMKTS: ZMWYF) is moving in a range after announcing the appointment of Mr. Jeremy Green as its new independent Corporation director, effective immediately. The appointment is subject to TSX Venture Exchange Acceptance. The company will now focus on new developments and continue strategizing as Green assumes his new independent director role at the company.

Market Stats

On Thursday, ZMWYF stock ended flat at $0.1311 with more than 33 shares, compared to its average volume of 137 shares. The stock has moved within a range of $0.1311 – 0.1311 after opening trading at $0.1311.

ZoomAway Appoints Highly-Experienced Director

The company’s CEO, Sean Schaeffer, said that Jeremy Green’s hiring would provide knowledge in a variety of areas at a critical moment for ZoomAway. Schaeffer added that Green provides a deep understanding of North American financial markets as well as a solid and successful track record in the M&A and finance sectors, which the company plans to use in its ongoing quest for new strategic acquisitions.

 In addition, he said that he was delighted to welcome the new independent director of the Corporation to the team on behalf of ZoomAway Technologies’ Board of Directors. So, in the coming weeks, investors should keep an eye on ZMWYF.

Key Quote

“The appointment of Jeremy Green will add expertise in many areas during this important time for ZoomAway. Jeremy brings extensive knowledge of the North American capital markets, a long track record of success in the finance and M&A sector which ZoomAway intends to leverage in its continued search for strategic acquisitions. On behalf of the Board of Directors at ZoomAway, it is my pleasure to welcome Jeremy to the ZoomAway Technologies team,” said Sean Schaeffer, CEO of ZoomAway.

Traders Corner

ZMWYF stock is trading below the 20-Day and 50-Day Moving averages of $0.1324 and $0.1364 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.1360.

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.