Alliance Bioenergy Plus (OTCMKTS:ALLM) Stock Price Up 0.7% – Still a Buy?

Alliance Bioenergy Plus, Inc. (OTCMKTS:ALLMGet Free Report) was up 0.7% on Monday . The stock traded as high as $0.30 and last traded at $0.28. Approximately 329,500 shares traded hands during mid-day trading, a decline of 30% from the average daily volume of 467,609 shares. The stock had previously closed at $0.28.

Alliance Bioenergy Plus Stock Performance

The stock’s 50 day simple moving average is $0.28 and its 200-day simple moving average is $0.28.

Alliance Bioenergy Plus Company Profile

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Alliance Bioenergy Plus, Inc is a technology company, which engages in the development and commercialization of technology solutions for renewable energy, biofuels, and bioplastics technology sectors. It offers CTS 2.0, a mechanical and chemical dry process for converting cellulose material into sugar for use in the biofuels industry.

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