Frankly (CVE:TLK) Shares Cross Below 50 Day Moving Average – Here’s Why

Frankly Inc. (CVE:TLKGet Free Report)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.44 and traded as low as C$0.38. Frankly shares last traded at C$0.44, with a volume of 174,000 shares trading hands.

Frankly Stock Up 10.0 %

The firm’s 50 day simple moving average is C$0.44 and its 200 day simple moving average is C$0.44. The company has a market cap of C$14.63 million and a price-to-earnings ratio of 4.23.

About Frankly

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Frankly Inc, together with its subsidiaries, provides an integrated software platform for brands and media companies primarily in the United States. The company creates, distributes, analyzes, and monetizes content across various digital properties through Web, mobile, and television. It also offers sources for national and local advertising.

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