Rightscorp (OTCMKTS:RIHT) Stock Passes Below Fifty Day Moving Average – Time to Sell?

Shares of Rightscorp, Inc. (OTCMKTS:RIHTGet Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.01 and traded as low as $0.0056. Rightscorp shares last traded at $0.0070, with a volume of 40,000 shares trading hands.

Rightscorp Trading Down 22.2%

The stock’s 50-day moving average price is $0.01 and its 200 day moving average price is $0.01.

About Rightscorp

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Rightscorp, Inc is a U.S.-based technology company specializing in digital copyright enforcement and monetization solutions. The company offers a suite of services designed to identify and address online copyright infringement, focusing primarily on peer-to-peer (P2P) file-sharing networks, streaming platforms, and illicit content distribution channels. Through proprietary monitoring systems, Rightscorp detects unauthorized distribution of digital content on a global scale, gathering evidence that can be used to issue takedown notices or pursue settlement agreements on behalf of rights holders.

At the core of Rightscorp’s offering is its infringement tracking and notice-and-settlement process.

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