Optiva (OTCMKTS:RKNEF) Shares Cross Above 50 Day Moving Average – Here’s Why

Optiva Inc. (OTCMKTS:RKNEFGet Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.15 and traded as high as $0.1755. Optiva shares last traded at $0.1755, with a volume of 1,236 shares.

Optiva Stock Up 87.5%

The company has a 50 day moving average of $0.15 and a 200-day moving average of $0.50.

Optiva Company Profile

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Optiva Inc is a software company specializing in cloud-native monetization solutions for communications service providers (CSPs). The company’s flagship portfolio includes real-time charging, billing, policy management, and analytics platforms designed to help operators launch, manage and scale digital services. Optiva’s solutions support pay-as-you-go and subscription business models across a wide range of services, including mobile, broadband, IoT, wholesale and enterprise offerings.

Originally founded in 1999 under the name Redknee Solutions, the company rebranded to Optiva in 2016 to reflect its strategic shift toward fully cloud-native, Kubernetes-based architectures.

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