CrowdGather (OTCMKTS:CRWG) Stock Price Down 6.6% - What's Next?

Key Points

• CrowdGather Inc. shares fell by 6.6%, trading down to $6.49 from a previous close of $6.95, with a significant drop in trading volume.
• The company's 50-day moving average price is $1.97, while the 200-day moving average stands at $0.69, indicating a potential long-term trend.
• CrowdGather operates as a social networking Internet company, focusing on forum-based websites to engage and build community among users.

Shares of CrowdGather Inc. (OTCMKTS:CRWG - ) traded down 6.6% during trading on Monday . The stock traded as low as $6.37 and last traded at $6.49. 949,675 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 1,201,832 shares. The stock had previously closed at $6.95.

CrowdGather Price Performance

The firm's 50-day moving average price is $1.97 and its 200 day moving average price is $0.69.

About CrowdGather

CrowdGather, Inc, a social networking Internet company, develops and hosts forum based Websites primarily in the United States. It monetizes a network of online forums and message boards designed to engage, provide information to, and build community around users. The company's forum community connects a network of people sharing their questions, expertise, and experiences.

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