TranSwitch (OTCMKTS:TXCCQ) Stock Passes Above 200 Day Moving Average – Here’s What Happened

TranSwitch Corp. (OTCMKTS:TXCCQ) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $0.0001. TranSwitch shares last traded at $0.0001, with a volume of 43,900 shares trading hands.

TranSwitch Stock Performance

TranSwitch Company Profile

TranSwitch Corporation was a fabless semiconductor company specializing in the design and development of integrated circuits for broadband access, optical networking and data communications applications. Its product portfolio included digital subscriber line (DSL) and cable modem interface chips, voice-over-IP (VoIP) processing solutions and optical transponder devices. These semiconductor solutions enabled equipment manufacturers to deliver high-speed data, voice and video services over existing network infrastructures.

Headquartered in Chelmsford, Massachusetts, TranSwitch served a global customer base of telecommunications and networking original equipment manufacturers in North America, Europe and Asia.