Telkonet (OTCMKTS:TKOI) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Telkonet Inc. (OTCMKTS:TKOIGet Free Report)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.01 and traded as low as $0.0085. Telkonet shares last traded at $0.0109, with a volume of 123,720 shares changing hands.

Telkonet Stock Up 6.9%

The company’s 50 day moving average price is $0.01 and its 200 day moving average price is $0.01.

Telkonet Company Profile

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Telkonet, Inc is a technology company specializing in smart energy and water management solutions for commercial and institutional facilities. The company’s core business revolves around creating Internet of Things (IoT) devices, software platforms and control systems that enable automated, occupancy-based conservation of electricity, heating, cooling and water in settings such as hospitality, education, senior living, healthcare and government properties.

Central to Telkonet’s offering is its EcoSmart Energy suite, which includes programmable thermostats, occupancy sensors and networked gateways that communicate with cloud-based management software.

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