Know Labs (OTCMKTS:KNWN) Trading Down 15.2% – Here’s What Happened

Know Labs, Inc. (OTCMKTS:KNWNGet Free Report)’s share price dropped 15.2% during mid-day trading on Tuesday . The stock traded as low as $0.15 and last traded at $0.16. Approximately 3,470,721 shares changed hands during trading, an increase of 5,652% from the average daily volume of 60,338 shares. The stock had previously closed at $0.18.

Know Labs Stock Performance

The stock has a 50 day moving average price of $0.21 and a 200 day moving average price of $0.28. The company has a market capitalization of $6.88 million, a P/E ratio of -0.26 and a beta of 2.40.

Know Labs Company Profile

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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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