Luokung Technology (NASDAQ:LKCO) Trading Down 1.2% – Here’s What Happened

Luokung Technology Corp. (NASDAQ:LKCOGet Free Report) shares traded down 1.2% on Friday . The company traded as low as $1.46 and last traded at $1.60. 7,532 shares were traded during trading, a decline of 65% from the average session volume of 21,487 shares. The stock had previously closed at $1.62.

Luokung Technology Price Performance

The business’s 50-day moving average price is $1.79 and its two-hundred day moving average price is $3.75.

About Luokung Technology

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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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