Alternet Systems, Inc. (OTCMKTS:ALYI) is trading sideways since the morning session on Thursday. Will it hold or go down like Wednesday?
As of 1:00, ALYI stock at $0.0397 gained 4.34% to $0.0017. The stock has a total volume of almost 9 million shares. The stock has moved in a range of $0.0380 – 0.0408 after opening at $0.04.
ALYI Business Description
Alternet Systems, Inc. engages in the development and commercialization of lithium technologies. It offers lithium battery-powered motorcycles and motorbikes. The company was founded on June 26, 2000, and is headquartered in Dallas, TX.
ALYI Latest Developments
Last week, ALYI revealed it is to deliver an order of 2,000 electric motorcycles in the Kenyan “boda” market. The first phase of delivery is due in July.The electric motorcycles will be used in the motorcycle taxi market, which is estimated to be about $4 billion.
Apart from this, Alternet Systems also plans to roll out “self-drive rental program” in Kenyan motorcycle market. These motorbikes would be unlocked through mobile apps, used and parked back.
|SHARES OUTSTANDING||116.72 M|
|SHARE FLOAT (%)||100.51 M (86.11%)|
|% HELD BY INSTITUTIONS||–|
Recent Stock Performance
|+/- EMA(20)||0.0472 (-19.28%)|
|+/- SMA(50)||0.0623 (-38.84%)|
|+/- SMA(200)||0.0372 (+2.42%)|
|CCI20||-104.2364||Sell||Chaikin Money Flow||-0.1371||Sell|
|MACD||-0.0068||Sell||Money Flow Index||10.6060||OverSold|
|STOCH (14,3)||6.9930||OverSold||STOCH RSI||0.0000||OverSold|