Skkynet Cloud Systems, Inc. (OTCMKTS:SKKY – Get Free Report)’s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.44 and traded as low as $0.16. Skkynet Cloud Systems shares last traded at $0.2760, with a volume of 22,551 shares trading hands.
Skkynet Cloud Systems Stock Down 13.2%
The stock’s fifty day moving average is $0.44 and its two-hundred day moving average is $0.57.
About Skkynet Cloud Systems
Skkynet Cloud Systems specializes in secure, real-time data communications for industrial and enterprise applications. The company’s technology is built around a high-performance publish-subscribe architecture, designed to connect devices, sensors and enterprise systems over both cloud and on-premises deployments. By enabling seamless data flow across firewalls, Skkynet addresses the growing demand for reliable machine-to-machine (M2M) and Internet of Things (IoT) connectivity.
The company’s flagship offerings include SkkyHub, a cloud-based messaging platform, and DataHub, an on-site software solution.
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