Singlepoint (OTCMKTS:SING) Stock Price Passes Above 50 Day Moving Average – Time to Sell?

Singlepoint Inc. (OTCMKTS:SING) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.00 and traded as high as $0.0002. Singlepoint shares last traded at $0.0002, with a volume of 280,320 shares changing hands.

Singlepoint Stock Performance

Singlepoint Company Profile

SinglePoint, Inc (OTCMKTS:SING) is a diversified technology company that operates through a suite of subsidiaries focused on emerging industries. Founded in 2009 as Interstate Health, the company rebranded in 2016 to reflect a broader emphasis on technology-driven marketing, payment processing and lead-generation services. Headquartered in Jacksonville, Florida, SinglePoint leverages its experience in regulated markets to develop turnkey solutions for high-growth sectors.

One of SinglePoint’s primary offerings is PayTomate, a blockchain-based payment processing platform designed specifically for the cannabis and hemp industries.