SinglePoint (OTCMKTS:SING) Shares Pass Above Fifty Day Moving Average of $2.01

SinglePoint Inc. (OTCMKTS:SINGGet Free Report) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $2.01 and traded as high as $3.13. SinglePoint shares last traded at $2.99, with a volume of 16,119 shares.

SinglePoint Trading Down 9.0 %

The stock has a market capitalization of $21.67 million, a P/E ratio of -0.12 and a beta of 0.31. The stock’s fifty day moving average price is $2.01 and its two-hundred day moving average price is $0.72.

SinglePoint (OTCMKTS:SINGGet Free Report) last announced its quarterly earnings data on Wednesday, August 16th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $8.15 million during the quarter.

About SinglePoint

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SinglePoint Inc focuses on providing renewable energy solutions and energy-efficient applications in the United States. The company offers solar and air purification services; and solar installation and brokerage services. It also operates as an online store; supplies hydroponic supplies and nutrients to commercial and individual farmers, as well as nutrients, lights, HVAC systems, and other products to individuals that are interested in horticulture; and offers automotive technology solutions for vehicle repairs.

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