Luokung Technology Corp. (NASDAQ:LKCO – Get Free Report) was down 1.2% during mid-day trading on Friday . The stock traded as low as $1.46 and last traded at $1.60. Approximately 7,532 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 21,487 shares. The stock had previously closed at $1.62.
Luokung Technology Stock Performance
The company’s 50 day moving average price is $1.79 and its 200-day moving average price is $3.75.
About Luokung Technology
Luokung Technology Corp., together with its subsidiaries, engages in the provision of location-based services and mobile application products for long distance rail travelers in the People’s Republic of China. It offers Luokuang mobile application, which provides business to customer (B2C) location-based services; and SuperEngine that offers business to business (B2B) and business to government (B2G) services in connection with spatial-temporal big data processing.
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