Skkynet Cloud Systems (OTCMKTS:SKKY) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

Shares of Skkynet Cloud Systems, Inc. (OTCMKTS:SKKYGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.59 and traded as low as $0.56. Skkynet Cloud Systems shares last traded at $0.56, with a volume of 200 shares traded.

Skkynet Cloud Systems Price Performance

The stock’s 50-day moving average price is $0.74 and its 200 day moving average price is $0.59.

Skkynet Cloud Systems Company Profile

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Skkynet Cloud Systems, Inc, an industrial middleware vendor, provides connectivity and data acquisition solutions to various industrial and office hardware and software products worldwide. The company offers DataHub software, including applications for real-time graphical web display of data; connecting data from open process control, dynamic data exchange, and Modbus servers to analyze the status of factory production, embedded systems, or financial strategies; connecting data from MQTT clients to connect remote sensors and other cloud-based services; and data mirroring.

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