Galaxy Next Generation Inc (OTCMKTS:GAXY) Stock Moves in a Range: How to Trade Now?

This morning, Provider of interactive learning solutions Galaxy Next Generation Inc (OTCMKTS:GAXY) announced partnership with leading Las Vegas based technology expert, Teledata Technologies. Teledata will be helping Galaxy and its G2 brand for scaling education business in New Mexico and Nevada.

TeleData Technologies business experts have been facilitating streamlining of businesses, augmenting efficiencies, safeguarding assets and property and boosting profits by utilising technology. Over the last two decades, Teledata has evolved into complete business technology service provider from being a cabling operator. The company gives end-to-end business technology solutions in a number of regions across Western United States.

The services provided by Teledata include audio-visual systems, business alarm systems, CCTV systems,structured cabling systems, data center infrastructure, access control systems, nurse call systems and fire alarm systems. The firm works with businesses of all sizes in various industries.

Galaxy’s Chief Executive OfficerGary LeCroy said that the company hopes that the partnership will enable deeper relationships with their customer base using its extensive knowledge base on technologies. Gary added that Galaxy has found a perfect partner for accelerating the firm’s growth in Nevada and New Mexico. The company’s distribution channel comprises 22+ resellers across the U.S. selling its products within the commercial and educational market.

Market Reaction:

As of 12:50, GAXY stock moved up 2% at $0.0133 with more than 9.50 million shares, compared to its average volume of 23.05 million shares. The stock had moved within a range of $0.0130 – 0.0139 after opening the trade at $0.0135. Over the past 52-week, the stock has been trading within a range of $0.0025 – 0.2820.

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