Facedrive Inc. (OTCMKTS:FDVRF – Get Free Report)’s stock price rose 4.2% during mid-day trading on Monday. The stock traded as high as $0.2222 and last traded at $0.2162. 21,195 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 45,929 shares. The stock had previously closed at $0.2074.
Facedrive Stock Up 4.2%
The business has a fifty day simple moving average of $0.20 and a 200-day simple moving average of $0.23.
Facedrive Company Profile
Facedrive Inc was a Canadian technology company that developed a platform for mobility and delivery services. Its operations initially focused on ride-hailing, with an emphasis on offering transportation options that included electric and hybrid vehicles alongside conventional cars.
The company later expanded into food delivery through Facedrive Foods and pursued additional technology initiatives, including contact-tracing and health-related solutions during the COVID-19 pandemic. Facedrive marketed its services as socially and environmentally conscious alternatives within the transportation and on-demand delivery sectors.
Facedrive primarily served customers in Canada, with operations and expansion efforts also connected to select markets in the United States.
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