Ozop Energy Solutions (OTCMKTS: OZSC) stock had a 23% increase on Tuesday. However, the company has not released any news recently, and its trading volume has not been significantly enlarged, so, is the stock worth buying now?
In January this year, the company has made a big progress in the booming EV space, its fully owned subsidiary has announced a development partnership with Zeem Solutions to work on high power charging solutions to address the medium and heavy duty commercial EV market. The company's subsidiary is playing an integral part in providing battery charging and discharging solutions to Zeem. According to McKinsey and Co that by 2030, the US market for services to support the charging of electric vehicle fleets could be worth $15 billion.
The company has been busy building up a strong management team. Ezra Green, Allen Sosis and Ian Graham joined its team which represents another huge step for the company to become a global player of supply chain solutions in the renewable energy market. At the same time, that also pushed its stock to reach its highest point this year in February.
Last month, the company announced that it has become an early signatory of the international Crypto Climate Accord, a privately-sector led initiative established solely for the purpose of building upon the collective efforts of the crypto community in supporting the transition from industry to 100% renewable energy and achieving net-zero greenhouse gas emissions by 2040.
In total, this is a company well worth watching for a long-term period of time. Although OZSC stock has been running at a low levels over the past four month, there are still many buying opportunities in the stock in the future.
Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.