Cyberloq Technologies (NASDAQ:CLOQ) Trading Down 8.8% – Should You Sell?

Cyberloq Technologies, Inc. (NASDAQ:CLOQ)’s share price dropped 8.8% during mid-day trading on Tuesday . The company traded as low as $0.29 and last traded at $0.29. Approximately 39,000 shares traded hands during trading, an increase of 111% from the average daily volume of 18,460 shares. The stock had previously closed at $0.32.

Cyberloq Technologies Stock Down 8.8 %

The firm’s fifty day simple moving average is $0.29 and its 200 day simple moving average is $0.22.

Cyberloq Technologies Company Profile

Cyberloq Technologies, Inc, a development-stage technology company, focuses on fraud prevention and credit management in the United States. It provides CyberloQ, a banking fraud prevention technology for institutional clients to combat fraudulent transactions and unauthorized access to customer accounts; and TurnScor, a web-based proprietary software platform, which allows customers to monitor and manage their credit from the privacy of their own homes, as well as CyberloQ Vault, a cloud based security protocol that allows clients the ability to send/receive secure data without having to use traditional email that is prone to a breach.