SMG Industries (OTCMKTS:SMGI) Stock Price Crosses Below 200 Day Moving Average of $0.24

SMG Industries Inc. (OTCMKTS:SMGI – Get Rating) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.24 and traded as low as $0.15. SMG Industries shares last traded at $0.15, with a volume of 5,000 shares changing hands.

The firm’s 50-day simple moving average is $0.18 and its 200-day simple moving average is $0.24.

About SMG Industries (OTCMKTS:SMGI)

SMG Industries Inc operates as a transportation company in the United States. It transports infrastructure components, including bridge beams and power generation transformers; wind energy components; and midstream compressors. The company is also involved in the heavy haul of production equipment, heat exchangers, coolers, construction equipment, and refinery components; transportation of natural gas compressors; flatbed freight; and crane services used to set equipment on compressor stations, pipeline infrastructure, and load drilling rig components.

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