Shares of World Moto, Inc. (OTCMKTS:FARE – Get Free Report) passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $0.00 and traded as high as $0.0001. World Moto shares last traded at $0.0001, with a volume of 1,719,900 shares traded.
World Moto Trading Up ∞
World Moto Company Profile
World Moto, Inc is a technology company that historically focused on products and services for the motorcycle-taxi industry. Its best-known product was the Moto-Meter, an electronic fare meter designed specifically for motorcycle taxis and intended to help operators calculate and display fares.
The company also developed related technology, including mobile connectivity and advertising solutions for motorcycle taxis. These offerings were designed to support taxi operators while creating opportunities for passenger communications and location-based commercial services.
World Moto’s business strategy centered on motorcycle-taxi markets in developing urban areas, particularly in Southeast Asia, where motorcycle taxis are widely used for short-distance transportation.
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