Telkonet (OTCMKTS:TKOI) Stock Crosses Below 200-Day Moving Average – What’s Next?

Telkonet Inc. (OTCMKTS:TKOI)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.01 and traded as low as $0.0070. Telkonet shares last traded at $0.0121, with a volume of 125,120 shares changing hands.

Telkonet Price Performance

The firm has a fifty day simple moving average of $0.01 and a two-hundred day simple moving average of $0.01.

Telkonet Company Profile

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.