Rightscorp (OTCMKTS:RIHT) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Shares of Rightscorp, Inc. (OTCMKTS:RIHTGet Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $0.01 and traded as low as $0.01. Rightscorp shares last traded at $0.01, with a volume of 132,655 shares.

Rightscorp Stock Performance

The company’s 50-day simple moving average is $0.01 and its 200 day simple moving average is $0.02.

Rightscorp Company Profile

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Rightscorp, Inc operates as a technology company that has a patent-pending proprietary method for collecting payments from illegal downloaders of copyrighted content through notifications sent to their Internet service providers (ISP’s). The company’s technology system monitors peer-to-peer file sharing networks and sends through email to ISP’s notifications of copyright infringement by the ISPs’ customers with date, time, copyright title, and other specific technology identifiers worldwide.

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