Telkonet (OTCMKTS:TKOI) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Telkonet Inc. (OTCMKTS:TKOIGet Free Report)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.01 and traded as high as $0.0140. Telkonet shares last traded at $0.0140, with a volume of 13,285 shares trading hands.

Telkonet Stock Performance

The business’s 50 day simple moving average is $0.01 and its two-hundred day simple moving average is $0.01.

About Telkonet

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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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