DriveItAway (OTCMKTS:CLCN) Stock Crosses Below 50-Day Moving Average – Should You Sell?

DriveItAway Inc. (OTCMKTS:CLCNGet Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.05 and traded as low as $0.0360. DriveItAway shares last traded at $0.0510, with a volume of 253,249 shares traded.

DriveItAway Stock Up 13.3%

The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.67. The stock’s fifty day moving average price is $0.05 and its 200-day moving average price is $0.05.

DriveItAway Company Profile

(Get Free Report)

DriveItAway, Inc (OTCMKTS: CLCN) is a U.S.-based mobility solutions provider specializing in short-term automotive subscriptions designed for rideshare and delivery drivers. The company’s service model enables customers to rent vehicles on a flexible weekly basis, offering a fully insured, maintenance-included fleet without the long-term commitments associated with traditional leases.

DriveItAway’s fleet is composed of electric and hybrid vehicles, with a focus on Tesla models to meet the growing demand for eco-friendly, high‐performance cars in the gig economy sector.

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