Iveda Solutions (OTCMKTS:IVDA) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Iveda Solutions, Inc. (OTCMKTS:IVDA) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $1.11 and traded as low as $0.2928. Iveda Solutions shares last traded at $0.3141, with a volume of 574,606 shares traded.

Iveda Solutions Stock Up 5.6%

The stock’s 50-day moving average price is $0.73 and its 200 day moving average price is $1.11. The firm has a market cap of $1.85 million, a price-to-earnings ratio of -1.65 and a beta of 0.82.

About Iveda Solutions

Iveda Solutions, Inc (OTCMKTS:IVDA) is a technology company specializing in Internet of Things (IoT) and video surveillance systems. The company develops and markets cloud-based video management platforms designed to integrate cameras, sensors and analytics into a unified security solution. Its core offering includes the vMAX™ Cloud-based video management system, which enables users to remotely monitor live and recorded video, configure alerts and leverage AI-driven analytics for real-time event detection.

In addition to software, Iveda Solutions provides end-to-end hardware and services, including IP cameras, network video recorders (NVRs) and edge devices that support object recognition, license plate reading and people counting.