SinglePoint (OTCMKTS:SINGD) Trading Down 5.8%

Shares of SinglePoint Inc. (OTCMKTS:SINGDGet Free Report) dropped 5.8% during trading on Wednesday . The company traded as low as $0.10 and last traded at $0.20. Approximately 798,063 shares were traded during trading, an increase of 3,605% from the average daily volume of 21,540 shares. The stock had previously closed at $0.22.

SinglePoint Stock Performance

The company’s 50 day moving average price is $0.31 and its 200-day moving average price is $0.71. The company has a market cap of $63,459.00, a price-to-earnings ratio of -0.01 and a beta of 0.31.

SinglePoint Company Profile

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SinglePoint Inc focuses on providing renewable energy solutions and energy-efficient applications in the United States. The company offers solar and air purification services; and solar installation and brokerage services. It also operates as an online store; supplies hydroponic supplies and nutrients to commercial and individual farmers, as well as nutrients, lights, HVAC systems, and other products to individuals that are interested in horticulture; and offers automotive technology solutions for vehicle repairs.

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