Aura Systems (OTCMKTS:AUSI) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Shares of Aura Systems, Inc. (OTCMKTS:AUSI) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.15 and traded as low as $0.11. Aura Systems shares last traded at $0.11, with a volume of 10,000 shares trading hands.

Aura Systems Stock Performance

The stock’s 50 day moving average price is $0.13 and its 200 day moving average price is $0.15.

About Aura Systems

Aura Systems, Inc (OTCMKTS:AUSI) is a niche provider of wireless communication products and radio frequency (RF) solutions. The company focuses on the design and manufacture of broadband wireless access systems, including point-to-multipoint radios, RF power amplifiers, and related subsystems. Its product portfolio serves both commercial and government customers, offering secure and high-capacity links for data, voice and video transmission over licensed and unlicensed frequency bands.

Founded in the early 1980s and headquartered in Calabasas, California, Aura Systems has developed expertise in integrating RF front-end modules for wireless local area networks (WLAN), wide area networks (WAN) and private radio networks.