Aura Systems (OTCMKTS:AUSI) Stock Price Passes Below 200-Day Moving Average – Here’s Why

Aura Systems, Inc. (OTCMKTS:AUSI) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.15 and traded as low as $0.11. Aura Systems shares last traded at $0.11, with a volume of 10,000 shares traded.

Aura Systems Price Performance

The stock has a 50 day simple moving average of $0.13 and a 200 day simple moving average of $0.15.

About Aura Systems

Aura Systems, Inc (OTCMKTS:AUSI) is a niche provider of wireless communication products and radio frequency (RF) solutions. The company focuses on the design and manufacture of broadband wireless access systems, including point-to-multipoint radios, RF power amplifiers, and related subsystems. Its product portfolio serves both commercial and government customers, offering secure and high-capacity links for data, voice and video transmission over licensed and unlicensed frequency bands.

Founded in the early 1980s and headquartered in Calabasas, California, Aura Systems has developed expertise in integrating RF front-end modules for wireless local area networks (WLAN), wide area networks (WAN) and private radio networks.