Kelso Technologies (NYSEAMERICAN:KIQ) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Shares of Kelso Technologies Inc. (NYSEAMERICAN:KIQGet Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.10 and traded as low as $0.0775. Kelso Technologies shares last traded at $0.08, with a volume of 12,134 shares trading hands.

Kelso Technologies Stock Down 7.6%

The company has a market cap of $4.36 million, a PE ratio of -2.67 and a beta of 0.41. The firm has a 50 day simple moving average of $0.10 and a 200-day simple moving average of $0.11.

About Kelso Technologies

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Kelso Technologies Inc develops, produces, and distributes proprietary equipment used in transportation applications in the United States and Canada. It offers rail and road transport equipment, such as pressure relief, vacuum relief, bottom outlet, pressure car pressure relief, pressure car angle, and top ball valves; and one-bolt manways and related equipment, emergency response equipment, and no spill locomotive fueling equipment; and other specialty valves, parts, equipment, and services. The company was formerly known as Kelso Resources Ltd.

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