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

Know Labs, Inc. (OTCMKTS:KNWN) fell 15.2% on Tuesday . The company traded as low as $0.15 and last traded at $0.16. 3,470,721 shares traded hands during mid-day trading, an increase of 5,652% from the average session volume of 60,338 shares. The stock had previously closed at $0.18.

Know Labs Stock Performance

The company has a 50 day moving average of $0.21 and a 200-day moving average of $0.28. The stock has a market cap of $7.20 million, a price-to-earnings ratio of -0.27 and a beta of 2.40.

About Know Labs

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.