Facedrive (OTCMKTS:FDVRF) Shares Down 5.3% – Time to Sell?
by Scott Moore · The Cerbat GemFacedrive Inc. (OTCMKTS:FDVRF – Get Free Report) was down 5.3% during mid-day trading on Tuesday . The company traded as low as $0.2550 and last traded at $0.2925. Approximately 2,164 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 45,929 shares. The stock had previously closed at $0.3090.
Facedrive Trading Down 5.6%
The firm has a fifty day simple moving average of $0.29 and a 200 day simple moving average of $0.37.
Facedrive Company Profile
Facedrive Inc is a Canadian technology company that operates a ride-hailing and delivery platform with a focus on environmental sustainability. Founded in 2016, the company offers an app-based transportation service that connects riders with drivers operating hybrid or electric vehicles. By integrating carbon offset programs and promoting zero-emission vehicle use, Facedrive aims to differentiate itself from traditional ride-hailing services while addressing growing consumer demand for eco-friendly mobility solutions.
In addition to its core ride-hailing operations, Facedrive has expanded its offerings to include food and grocery delivery, leveraging the same network of drivers and proprietary logistics technology.