Careview Communications (OTCMKTS:CRVW) Stock Price Crosses Above 50 Day Moving Average – Here’s What Happened

Careview Communications Inc. (OTCMKTS:CRVW)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $0.03 and traded as high as $0.04. Careview Communications shares last traded at $0.04, with a volume of 7,525 shares traded.

Careview Communications Stock Up 2.6%

The company has a market cap of $5.68 million, a PE ratio of -4.00 and a beta of -1.04. The stock’s 50 day simple moving average is $0.03 and its two-hundred day simple moving average is $0.03.

Careview Communications (OTCMKTS:CRVW) last issued its earnings results on Monday, March 30th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $2.33 million during the quarter.

Careview Communications Company Profile

CareView Communications, Inc provides video monitoring solutions in the United States. Its products include CareView Patient Safety System, a video monitoring tool to improve the practice of nursing, create a better work environment, and make the patient's hospital stay more satisfying, which is used in hospitals, nursing homes, adult living centers, and outpatient care facilities; and CareView Connect, which provides resident monitoring products and services for the long- term care industry; an array of wearable and stationary buttons that allow a resident to summon help either for an emergency or assistance; a mobile app capable of delivering an alert to the caregiver and allows them document information around that alert; and alert management and monitoring system that provides a suite of hardware and software to facilitate a data-driven solution for alert management and monitoring.