Telit Communications (OTCMKTS:TTCNF) Shares Down 2.6%

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Telit Communications Plc (OTCMKTS:TTCNF)’s stock price was down 2.6% during mid-day trading on Wednesday . The stock traded as low as $1.86 and last traded at $1.86, approximately 1,900 shares traded hands during trading. A decline of 69% from the average daily volume of 6,085 shares. The stock had previously closed at $1.91.

The firm’s fifty day moving average price is $2.02 and its 200-day moving average price is $2.03.

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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