COPsync Inc. (COYN) is one of the best performing stocks in the services sector for companies listed on the New York Stock Exchange or NASDAQ exchange shortly after the opening bell on April 21. Shares of COYN have climbed 11.04% about 30 minutes into the session to $0.17 after closing the day prior at $0.15. It’s early, but the stock has traded as high as $0.17 and as low as $0.17 so far. Today’s quick advance has come with about 2,802 shares changing hands, compared to an average 30-day volume of 404,705 for COPsync Inc.. The price is currently below the 30-day volume weighted average price of $0.17 for COYN.
The share appreciation gives the company a market capitalization of $1.53 million based upon 9.99 million shares outstanding. It also means that COYN has a price-to-book ratio of 6.93:1 and a price-to-earnings ratio of :1.
In the past 52 weeks, shares of COYN have traded as low as $0.1467 and as high as $2.4. Technical traders will take note that at $0.17, shares of COYN are trading below their 200-day MA at $0.81 and below their 50-day MA at $0.32. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish.
Who is COYN?
COPsync Inc operates law enforcement mobile data information system in the United States. It refers to this real-time, in-car information sharing, communication and data interoperability network as The COPsync Network. The company’s 48 employees are led by CEO Philip J. Anderson from the corporate headquarters at 16415 Addison Road.
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