Wytec International (OTCMKTS:WYTC) Trading Down 5.7% – What’s Next?

Wytec International, Inc. (OTCMKTS:WYTCGet Free Report)’s share price was down 5.7% on Wednesday . The company traded as low as $1.64 and last traded at $1.64. Approximately 3,658 shares changed hands during trading, a decline of 29% from the average daily volume of 5,171 shares. The stock had previously closed at $1.74.

Wytec International Stock Performance

The firm’s 50-day simple moving average is $1.91 and its 200 day simple moving average is $1.68.

Wytec International Company Profile

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Wytec International, Inc is a U.S.-based wireless infrastructure company focused on the design, deployment and operation of small cell networks. The company develops turnkey solutions aimed at accelerating the rollout of next-generation wireless services, including 4G LTE and 5G technology. Through a combination of proprietary hardware and software, Wytec seeks to address the growing demand for high-capacity, low-latency connectivity in urban and suburban environments.

Central to Wytec’s offering is its BitBOX™ small cell platform, a modular system that integrates radios, antennas, power management and network intelligence into a compact enclosure.

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