Skkynet Cloud Systems (OTCMKTS:SKKY) Stock Passes Below 200 Day Moving Average – Here’s Why

Skkynet Cloud Systems, Inc. (OTCMKTS:SKKYGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.80 and traded as low as $0.75. Skkynet Cloud Systems shares last traded at $0.75, with a volume of 506 shares changing hands.

Skkynet Cloud Systems Trading Down 4.2%

The company has a 50-day moving average price of $0.88 and a two-hundred day moving average price of $0.80.

About Skkynet Cloud Systems

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Skkynet Cloud Systems, Inc, an industrial middleware vendor, provides connectivity and data acquisition solutions to various industrial and office hardware and software products worldwide. The company offers DataHub software, including applications for real-time graphical web display of data; connecting data from open process control, dynamic data exchange, and Modbus servers to analyze the status of factory production, embedded systems, or financial strategies; connecting data from MQTT clients to connect remote sensors and other cloud-based services; and data mirroring.

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