It was a bit of an up and down week for the Ozop Energy Solutions (OTCMKTS:OZSC) stock last week. This past Friday, the stock declined sharply and went down by as much as 7% but at the same time it should be noted that it was up by 6% for the week.
While the action in the stock last was notable, it is also necessary to point out that there has been no news about the company in several weeks. In such a situation, investors could do well to take a look at a key development from back in June.
On June 23 the company announced that it signed the Crypto Climate Accord, an initiative that is led by the private sector and is involved with supporting the efforts of the crypto industry in using renewable energy entirely.
In addition to that, it is also going to be involved with the efforts to ensure that the crypto industry becomes a net zero greenhouse emission sector by 2040. These are important goals and are going to be instrumental in further growth of the crypto sector. The fact that Ozop Energy joined this accord came as a major source of optimism for investors in June.
On Friday, OZSC stock fell 6.63% at $0.0620 with more than 12.33 million shares, compared to its average volume of 37.32 million shares. The stock has moved within a range of $0.0610 – 0.0666 after opening the trade at $0.0625.
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