Greenkraft (OTCMKTS:GKIT) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Greenkraft, Inc. (OTCMKTS:GKITGet Free Report)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.01 and traded as low as $0.0031. Greenkraft shares last traded at $0.0048, with a volume of 86,098 shares trading hands.

Greenkraft Trading Down 7.7%

The firm’s 50-day moving average price is $0.01 and its two-hundred day moving average price is $0.01.

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. The company has strategic partnership with CEE, LLC and G&K Automotive Conversion Inc for research and development activities, as well as to test its engines prior to applying for the CARB and EPA certifications.

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