Socket Mobile (NASDAQ:SCKT) Share Price Crosses Above 50 Day Moving Average – Here’s Why

Socket Mobile, Inc. (NASDAQ:SCKTGet 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 $1.35 and traded as high as $1.50. Socket Mobile shares last traded at $1.50, with a volume of 66,744 shares.

Socket Mobile Stock Up 11.9 %

The business has a 50-day simple moving average of $1.35 and a two-hundred day simple moving average of $1.20. The stock has a market capitalization of $11.41 million, a price-to-earnings ratio of -6.82 and a beta of 1.02.

About Socket Mobile

(Get Free Report)

Socket Mobile, Inc provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. Its products and solutions are integrated into mobile applications for applications in the areas of point of sale, commercial services, asset tracking, manufacturing and quality control processes, transportation and logistics, event management, medical, and education.

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