Know Labs (OTCMKTS:KNWN) Trading Down 6.8% – Here’s Why

Know Labs, Inc. (OTCMKTS:KNWNGet Free Report) dropped 6.8% during trading on Friday . The company traded as low as $0.22 and last traded at $0.22. Approximately 204,441 shares changed hands during mid-day trading, an increase of 239% from the average daily volume of 60,338 shares. The stock had previously closed at $0.24.

Know Labs Stock Performance

The firm has a fifty day simple moving average of $0.26 and a 200 day simple moving average of $0.43. The company has a market capitalization of $9.81 million, a PE ratio of -0.37 and a beta of 2.40.

About Know Labs

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Know Labs, Inc focuses on the development and commercialization of proprietary technologies in the United States. Its technology uses spectroscopy to direct electromagnetic energy through a substance or material to capture a molecular signature. The company refers to its technology as Bio-RFID. The Bio-RFID technology can be integrated into various wearable, mobile, or bench-top form factors.

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