Shares of Greenkraft Inc (OTCMKTS:GKIT) dropped 40% during mid-day trading on Friday . The company traded as low as $0.03 and last traded at $0.03, approximately 14,000 shares traded hands during trading. An increase of 311% from the average daily volume of 3,408 shares. The stock had previously closed at $0.05.

The stock’s 50-day moving average price is $0.04 and its 200-day moving average price is $0.03.

Greenkraft Company Profile (OTCMKTS:GKIT)

Greenkraft, Inc manufactures and distributes automotive products for distribution companies, dealers, and others in the United States. The company offers commercial forward cabin trucks that run on alternative fuels, such as compressed natural gas or liquefied propane gas. It also manufactures and sells alternative fuel systems; and converts petroleum-based fuel vehicles to run on alternative fuels, such as CNG or LPG.

Further Reading: How analysts view the yield curve

Receive News & Ratings for Greenkraft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greenkraft and related companies with's FREE daily email newsletter.