Alliance Bioenergy Plus (OTCMKTS:ALLM) Stock Passes Below 200 Day Moving Average – What’s Next?

Shares of Alliance Bioenergy Plus, Inc. (OTCMKTS:ALLMGet Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.28 and traded as low as $0.26. Alliance Bioenergy Plus shares last traded at $0.28, with a volume of 329,500 shares traded.

Alliance Bioenergy Plus Price Performance

The company’s 50 day moving average is $0.28 and its 200 day moving average is $0.28.

About Alliance Bioenergy Plus

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Alliance Bioenergy Plus, Inc is a technology company, which engages in the development and commercialization of technology solutions for renewable energy, biofuels, and bioplastics technology sectors. It offers CTS 2.0, a mechanical and chemical dry process for converting cellulose material into sugar for use in the biofuels industry.

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