PositiveID (OTCMKTS:PSID) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

PositiveID Corp. (OTCMKTS:PSID)’s stock price crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $0.00 and traded as high as $0.0002. PositiveID shares last traded at $0.0001, with a volume of 32,699,898 shares.

PositiveID Trading Down 50.0%

About PositiveID

PositiveID Corp. was a medical technology company focused on developing diagnostic and healthcare information systems. The company’s activities included molecular diagnostics, diabetes management technologies and systems designed to help identify patients and manage medical information.

PositiveID developed the Firefly Dx platform, a portable molecular diagnostic system intended to provide rapid testing for infectious diseases and other medical conditions. The company also pursued healthcare identification and monitoring technologies, including products associated with its earlier identity as VeriChip Corp.

The company’s operations and product development were primarily directed toward the healthcare and life sciences markets in the United States.