Skkynet Cloud Systems (OTCMKTS:SKKY) Shares Cross Above 50-Day Moving Average – Here’s What Happened

Skkynet Cloud Systems, Inc. (OTCMKTS:SKKYGet Free Report)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.41 and traded as high as $0.4626. Skkynet Cloud Systems shares last traded at $0.4626, with a volume of 1,220 shares changing hands.

Skkynet Cloud Systems Trading Up 3.4%

The company’s fifty day moving average is $0.41 and its 200 day moving average is $0.32.

Skkynet Cloud Systems Company Profile

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Skkynet Cloud Systems specializes in secure, real-time data communications for industrial and enterprise applications. The company’s technology is built around a high-performance publish-subscribe architecture, designed to connect devices, sensors and enterprise systems over both cloud and on-premises deployments. By enabling seamless data flow across firewalls, Skkynet addresses the growing demand for reliable machine-to-machine (M2M) and Internet of Things (IoT) connectivity.

The company’s flagship offerings include SkkyHub, a cloud-based messaging platform, and DataHub, an on-site software solution.

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