SinglePoint (OTCMKTS:SING) Stock Crosses Below 50-Day Moving Average of $0.32

SinglePoint Inc. (OTCMKTS:SING) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $0.32 and traded as low as $0.21. SinglePoint shares last traded at $0.21, with a volume of 333,261 shares traded.

SinglePoint Trading Down 6.6 %

The stock has a 50-day simple moving average of $0.32 and a 200 day simple moving average of $0.71. The company has a market cap of $68,997.00, a price-to-earnings ratio of 0.00 and a beta of -0.41.

Institutional Trading of SinglePoint

An institutional investor recently bought a new position in SinglePoint stock. Virtu Financial LLC purchased a new position in shares of SinglePoint Inc. (OTCMKTS:SING) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 39,871 shares of the company’s stock, valued at approximately $86,000. Virtu Financial LLC owned 12.19% of SinglePoint as of its most recent filing with the Securities and Exchange Commission.

SinglePoint Company Profile

SinglePoint Inc focuses on providing renewable energy solutions and energy-efficient applications in the United States. The company offers solar and air purification services; and solar installation and brokerage services. It also operates as an online store; supplies hydroponic supplies and nutrients to commercial and individual farmers, as well as nutrients, lights, HVAC systems, and other products to individuals that are interested in horticulture; and offers automotive technology solutions for vehicle repairs.