Shares of Skkynet Cloud Systems, Inc. (OTCMKTS:SKKY – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.53 and traded as low as $0.27. Skkynet Cloud Systems shares last traded at $0.2940, with a volume of 7,500 shares trading hands.
Skkynet Cloud Systems Stock Up 6.9%
The company’s fifty day moving average is $0.37 and its 200-day moving average is $0.53.
Skkynet Cloud Systems Company Profile
Skkynet Cloud Systems specializes in secure, real-time data communications for industrial and enterprise applications. The company’s technology is built around a high-performance publish-subscribe architecture, designed to connect devices, sensors and enterprise systems over both cloud and on-premises deployments. By enabling seamless data flow across firewalls, Skkynet addresses the growing demand for reliable machine-to-machine (M2M) and Internet of Things (IoT) connectivity.
The company’s flagship offerings include SkkyHub, a cloud-based messaging platform, and DataHub, an on-site software solution.
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