Telkonet (OTCMKTS:TKOI) Shares Pass Above 50 Day Moving Average – Here’s What Happened

Telkonet Inc. (OTCMKTS:TKOIGet Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.01 and traded as high as $0.0127. Telkonet shares last traded at $0.01, with a volume of 801,464 shares traded.

Telkonet Trading Down 29.6%

The stock has a fifty day moving average price of $0.01 and a two-hundred day moving average price of $0.01.

Telkonet Company Profile

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Telkonet, Inc is a technology company specializing in smart energy and water management solutions for commercial and institutional facilities. The company’s core business revolves around creating Internet of Things (IoT) devices, software platforms and control systems that enable automated, occupancy-based conservation of electricity, heating, cooling and water in settings such as hospitality, education, senior living, healthcare and government properties.

Central to Telkonet’s offering is its EcoSmart Energy suite, which includes programmable thermostats, occupancy sensors and networked gateways that communicate with cloud-based management software.

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