Shares of Telit Communications Plc (OTCMKTS:TTCNF) rose 2.3% on Tuesday . The stock traded as high as $1.34 and last traded at $1.34, approximately 7,000 shares changed hands during mid-day trading. An increase of 35% from the average daily volume of 5,193 shares. The stock had previously closed at $1.31.
The company has a 50 day simple moving average of $1.50 and a two-hundred day simple moving average of $1.62.
Telit Communications Company Profile (OTCMKTS:TTCNF)
Telit Communications PLC, together with its subsidiaries, provides a portfolio of integrated products and services to support and enable Internet of Things (IoT) deployments in the EMEA, the APAC, and the Americas. It operates in two segments, IoT Services and IoT Products. The company develops, markets, and sells cellular, global navigation satellite systems, short range wireless modules, mobile connectivity services, and application enablement platforms to onboard edge devices to the IoT.
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