Facedrive (OTCMKTS:FDVRF) Stock Price Down 11.3% – Time to Sell?

Facedrive Inc. (OTCMKTS:FDVRFGet Free Report) fell 11.3% on Wednesday . The stock traded as low as $0.2270 and last traded at $0.2572. 39,529 shares traded hands during trading, a decline of 14% from the average session volume of 45,929 shares. The stock had previously closed at $0.29.

Facedrive Price Performance

The company has a 50 day simple moving average of $0.28 and a 200-day simple moving average of $0.35.

Facedrive Company Profile

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Facedrive Inc is a Canadian technology company that operates a ride-hailing and delivery platform with a focus on environmental sustainability. Founded in 2016, the company offers an app-based transportation service that connects riders with drivers operating hybrid or electric vehicles. By integrating carbon offset programs and promoting zero-emission vehicle use, Facedrive aims to differentiate itself from traditional ride-hailing services while addressing growing consumer demand for eco-friendly mobility solutions.

In addition to its core ride-hailing operations, Facedrive has expanded its offerings to include food and grocery delivery, leveraging the same network of drivers and proprietary logistics technology.

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