Why Socket Mobile Is Trading Higher Today

The Price And Volume Action In Socket Mobile's Stock Today

Socket Mobile's SCKT stock is trading up 14.35% to a price of $11.99. The stock's volume is currently 1.65 million, which is roughly 16.28% of its recent 30-day volume average of 10.15 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Socket Mobile shares are trading higher after the company announced a licensing agreement with SpringCard SAS to enable improved contactless customer experiences.

Insights On Recent Price Action

The 50-day moving average price of Socket Mobile's stock was $4.46 when this article was published. The stock reached a high of $35.0 and a low of $0.76 in the past 52 weeks.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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SCKTSocket Mobile Inc
$1.240.03%

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Edge Rankings
Momentum
32.27
Growth
17.16
Quality
N/A
Value
83.95
Price Trend
Short
Medium
Long
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