Crown Electrokinetics Corp (NASDAQ:CRKN) shares are trading higher Monday after the company announced that its PE Pipelines division has secured two contracts valued at $33 million for lead pipe remediation.
The Details:
PE Pipelines is the pipe repair, replacement and lead pipe remediation specialty division of Crown Electrokinetics. The company said work on the two contracts is scheduled to begin in January 2025.
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According to data from Benzinga Pro, Crown Electrokinetics shares are trading below the stock’s 50-day moving average of $2.20 and near its 52-week low of $1.06.
How To Buy CRKN Stock:
By now you're likely curious about how to participate in the market for Crown ElectroKinetics – be it to purchase shares, or even attempt to bet against the company.
In the the case of Crown ElectroKinetics, which is trading at $1.23 as of publishing time, $100 would buy you 81.3 shares of stock.
CRKN Price Action: According to Benzinga Pro, Crown Electrokinetics shares are up 4.20% at $1.24 at the time of publication Monday.
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