Telkonet (OTCMKTS:TKOI) Shares Cross Above 50-Day Moving Average – What’s Next?
by Michael Walen · The Markets DailyTelkonet Inc. (OTCMKTS:TKOI – Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.01 and traded as high as $0.0140. Telkonet shares last traded at $0.0140, with a volume of 13,285 shares.
Telkonet Stock Down 27.1%
The stock’s fifty day moving average price is $0.01 and its 200 day moving average price is $0.01.
About Telkonet
Telkonet, Inc is a technology company specializing in smart energy and water management solutions for commercial and institutional facilities. The company’s core business revolves around creating Internet of Things (IoT) devices, software platforms and control systems that enable automated, occupancy-based conservation of electricity, heating, cooling and water in settings such as hospitality, education, senior living, healthcare and government properties.
Central to Telkonet’s offering is its EcoSmart Energy suite, which includes programmable thermostats, occupancy sensors and networked gateways that communicate with cloud-based management software.