SinglePoint (OTCMKTS:SING) Stock Crosses Below Fifty Day Moving Average of $0.30

SinglePoint Inc. (OTCMKTS:SING)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.30 and traded as low as $0.17. SinglePoint shares last traded at $0.20, with a volume of 1,128,369 shares trading hands.

SinglePoint Trading Up 18.2 %

The firm has a market capitalization of $66,381.00, a P/E ratio of 0.00 and a beta of -0.41. The business has a 50-day moving average of $0.30 and a 200 day moving average of $0.68.

Institutional Trading of SinglePoint

An institutional investor recently bought a new position in SinglePoint stock. UMB Bank n.a. acquired a new position in shares of SinglePoint Inc. (OTCMKTS:SING) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 60,000 shares of the company’s stock, valued at approximately $129,000. UMB Bank n.a. owned approximately 18.35% of SinglePoint as of its most recent filing with the Securities and Exchange Commission.

SinglePoint Company Profile

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.