Socket Mobile (NASDAQ:SCKT) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

by · The Markets Daily

Socket Mobile, Inc. (NASDAQ:SCKT – Get 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 $1.31 and traded as high as $1.35. Socket Mobile shares last traded at $1.28, with a volume of 12,755 shares changing hands.

Socket Mobile Price Performance

The company has a market capitalization of $10.19 million, a price-to-earnings ratio of -6.09 and a beta of 0.97. The firm has a 50-day moving average price of $1.32 and a two-hundred day moving average price of $1.19.

Socket Mobile Company Profile

(Get Free Report)

Socket Mobile, Inc provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. Its products and solutions are integrated into mobile applications for applications in the areas of point of sale, commercial services, asset tracking, manufacturing and quality control processes, transportation and logistics, event management, medical, and education.

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