Telkonet (OTCMKTS:TKOI) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Telkonet Inc. (OTCMKTS:TKOIGet Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.01 and traded as low as $0.0080. Telkonet shares last traded at $0.0098, with a volume of 289,795 shares trading hands.

Telkonet Stock Performance

The company has a 50 day simple moving average of $0.01 and a 200-day simple moving average of $0.01.

About Telkonet

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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.

Further Reading

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