Greenkraft (OTCMKTS:GKIT) Stock Price Passes Below 50 Day Moving Average – What’s Next?

Shares of Greenkraft, Inc. (OTCMKTS:GKITGet Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.02 and traded as low as $0.01. Greenkraft shares last traded at $0.01, with a volume of 125 shares traded.

Greenkraft Stock Performance

The firm’s 50-day simple moving average is $0.02 and its 200 day simple moving average is $0.03.

About Greenkraft

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Greenkraft, Inc manufactures and distributes automotive products for fleet operators, cities, and businesses in the United States. The company offers commercial forward cabin trucks that run on alternative fuels, such as compressed natural gas or liquefied propane gas. It also manufactures and sells alternative fuel systems; and converts petroleum-based fuel vehicles to run on alternative fuels, such as CNG or LPG.

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