SmartHeat (OTCMKTS:HEAT) Shares Cross Above 200-Day Moving Average of $0.01

SmartHeat Inc (OTCMKTS:HEAT) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.01 and traded as high as $0.09. SmartHeat shares last traded at $0.09, with a volume of 6,203 shares changing hands.

The stock’s 50-day moving average is $0.03 and its 200-day moving average is $0.01.

About SmartHeat (OTCMKTS:HEAT)

SmartHeat Inc does not have significant operations. It intends to seek potential assets, property, or businesses to acquire, in a business combination, by reorganization, merger, or acquisition. Previously, it was engaged in the manufacture and sale of heat pumps for commercial and residential applications.

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