On Monday, the Brain Scientific (OTCMKTS:BRSF) stock was trading in a range but at the same time, it may be a good idea to keep in mind that its subsidiary unit Piezo Motion was actually in the news following an announcement. It may be a good move for investors to consider taking a look into it.
Market Action
On Monday, BRSF stock ended flat at $0.2995 with 100 shares, compared to its average volume of 2.4K shares. The stock moved within a range of $0.2995 – 0.2995 after opening trade at $0.2995.
Piezo Motion Launches High-Precision, Standing Wave-Type Line of Motors Ahead of the Energy, Drone & Robotics Summit
Piezo Motion announced yesterday that it had released its rotary motors which are meant to be deployed in applications as well as devices that need fast response times, no backlash, high torque, and micro-radian resolution. The announcement was a significant one but it did not lead to any action in the stock of the parent company Brain Scientific.
However, that was not all. In addition to that, Piezo also came up with a white paper that provided specific details about the motor. Hassan Kotob, who is the Chief Executive Officer of Piezo Motion noted that the Imperial Series rotary motors offer as many as a million steps in each rotation.
He went on to claim that the product was far more superior when compared to other motors. At this point in time, it may be a good idea to keep an eye on the Brain Scientific stock.
Key Quote
“Our Imperial Series rotary motors offer an incredible resolution, with more than one million steps per rotation,” said Hassan Kotob, chairman and CEO of Piezo Motion. “This extremely high-performing specification is far superior to traditional DC motors and is ideal for applications that require silent operation and smooth rotation.”
Traders Note
BRSF stock is trading below the 10-Day and 20-Day Moving averages of $0.27 and $0.28 respectively. Moreover, the stock is trading is the oversold zone with RSI stands at 51.
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