Slowly but surely over the past few months, Simtrol, Inc. shares have been increasing in value. Despite the occasional reversal in momentum, the general trend has been movement in an unmistakably upward direction. Since May of this year, when the stock hit its annual low of twenty-one cents, the price has increased by more than sixty percent and is now in the upper $0.50s.
Perhaps it is no coincidence that this gradual strengthening began in May, around the same time that Oliver Cooper took over as Simtrol’s president and CEO. At the time, Mr. Cooper vehemently expressed his intent to “take aggressive action to move Simtrol forward”, and it appears that he has done precisely that.
The company has announced several new developments since Mr. Cooper’s appointment, including partnerships with Toshiba Display Systems and Promethean, Inc. In July, Wesupply (an on-demand supply chain management company) named Mr. Cooper a non-executive member of its Board of Directors, due to his extensive experience and proven track record for establishing high rates of growth in software solutions companies.
Oliver Cooper is an executive known for producing favorable results, and he has done so with Simtrol, Inc. in an amazingly short time. It seems the sky is the limit for this company with such an effective leader calling the shots.
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