DarkPulse Inc (OTCMKTS:DPLS) Stock Turns Volatile: Falls 25% in a Week

Laser technology company DarkPulse Inc (OTCMKTS:DPLS) has been on the radars of investors for quite some time and over the course of the past week the company’s stock has performed strongly.

Market Stats

On Tuesday, DPLS stock fell 5.24% at $0.1130 with more than 84.95 million shares, compared to its average volume of 29.53 million shares. The stock has moved within a range of $0.1100 – 0.1389 after opening trading at $0.1205.

Major News

During the period, the DarkPulse stock has managed to clock gains of as much as 25% and it might be a good time for investors to perhaps look at recent developments. Earlier on this week on May 15, the company had provided an update with regards to the latest discussion among its management team and also provided updates with regards to its financial conditions as well as results from operations.

That may have led to the rally in the stock. The company is involved in the technology security business and is mainly involved in manufacturing, selling, installing and providing monitoring services for its laser sensing systems.

Since the time it had been established DarkPulse had been involved in working towards the development of new technology in order to make its products better. It is based out of New York but the company does have a presence in a range of countries starting from India and United Kingdom to Turkey and Libya among others.

Traders Corner

DPLS stock is trading above the 20-Day and 50-Day Moving averages of $0.09 and $0.09 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.06. The stock is up 35% in the past month.