Socket Mobile Inc
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Information Technology : Technology Hardware, Storage & Peripherals | Small Cap Blend
Company profile

Socket Mobile, Inc. is a provider of data capture and delivery solutions in workforce mobilization. The Company's data capture solutions are incorporated into mobile applications used in point of sale (POS), commercial services (field workers), asset tracking, manufacturing process and quality control, transportation, and logistics (goods tracking and movement), event management (ticketing, entry, access control, and identification), medical and education. Its primary products are cordless data capture devices incorporating barcode scanning or RFID/Near Field Communications (NFC) technologies that connect over Bluetooth. Its products work with applications running on smartphones, mobile computers, and tablets. It offers software developer kit (Capture-SDK) to application providers, which enables them to provide their consumers its barcode scanning features. Its products are integrated by the application providers and are marketed by the application providers or their resellers.

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Today's volume of 776 shares is on pace to be much lighter than SCKT's 10-day average volume of 11,520 shares.


Netflix stock chart produces first bullish 'golden cross' in 15 months

7:10 am ET November 23, 2022 (MarketWatch)

Shares of Netflix Inc. edged up 0.2% in premarket trading, as the first bullish "golden cross" chart pattern in 15 months. Many Wall Street chart watchers believe the pattern, which is when the 50-day moving average (DMA) crosses above the 200-DMA, is a sign that a shorter-term bounce has graduated to a longer-term uptrend. The streaming entertainment service's stock closed Tuesday at $286.69, up 72.3% from the May 11 five-year low of $166.37, while the Nasdaq Composite has slipped 1.7% and the S&P 500 has gained 1.7% over the same time. On Wednesday, the 50-DMA is set to rise to $260.03 from $258.78, while the 200-DMA is set to slip to $258.39 from $258.98. The last golden cross appeared on Aug. 16, 2021, and the stock rallied as much as 34% before peaking about three months later.

-Tomi Kilgore


(END) Dow Jones Newswires

November 23, 2022 07:10 ET (12:10 GMT)

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