Shares of Clean Energy Technologies (OTCMKTS:CETY) closed with marginal gains on Friday after the recent slump.
Market Action
On Friday, CETY stock jumped 3.95% at $0.0421 with more than 275.98K shares, compared to its average volume of 576.80K shares. The stock has moved within a range of $0.0405 – 0.0427 after opening the trade at $0.0410.
Latest News
Low carbon energy company delivering power from biomass and power from heat, Clean Energy Technologies (OTCMKTS:CETY), on November 5, 2021, announced retaining leading investor relations, public relations, and strategic advisory firm, CORE IR, for assisting it with the same services.
CETY has made a number of divisions as well as subsidiaries leading to fresh growth and the introduction of new business. The opportunities and growth in clean energy solutions market make it necessary for the firm to have a professional team for communications.
CORE IR will help improve and grow outreach when corporations and governments continue to invest in clean energy.
CORE IR will be focusing on expanding market awareness for Clean Energy as it is a boutique Investor and Public Relations and strategic advisory firm. The company specializes in leveraging growth and exposure strategies for small to mid-sized publicly-traded and privately-held companies.
Clear Energy CEO Kam Mahdi said that he believes CORE IR’s integrated approach will help Clean Energy on the expansion of both retail and institutional investors through clear communications.
Scott Gordon, president of CORE IR said that CORE IR is a perfect fit for the company and it is delighted on getting the opportunity to work with management for the execution of its integrated approach for facilitating outreach. Gordon said he looks forward on raising market awareness as well as engagement for achieving the company goals.
Key Quote
“We believe CORE IR’s integrated approach to communications will help Clean Energy to expand our breadth of both institutional and retail investors while clearly communicating our story to the public at large,” said Clear Energy CEO Kam Mahdi. “We have a unique story that we feel will continue to be well received as we continue on our growth trajectory.”
Traders Note
CETY stock is trading below the 20-Day and 50-Day Moving averages of $0.0434 and $0.0456 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0667. The stock is down 14% over the past month.
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