Summer Energy (OTCMKTS:SUME) Shares Cross Below 50-Day Moving Average – Here’s Why

Summer Energy Holdings, Inc. (OTCMKTS:SUMEGet Free Report)’s share price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.45 and traded as low as $0.40. Summer Energy shares last traded at $0.40, with a volume of 7,733 shares changing hands.

Summer Energy Price Performance

The firm’s fifty day moving average price is $0.45 and its 200 day moving average price is $0.50.

Summer Energy Company Profile

(Get Free Report)

Summer Energy Holdings, Inc, through its subsidiaries, operates as a retail electric provider in Texas, Massachusetts, New Hampshire, Ohio, and Illinois. It procures wholesale energy and resells to commercial and residential customers. The company was founded in 2011 and is headquartered in Houston, Texas.

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