SmartMetric Inc. (OTCMTKS:SMME) Stock Continues to Trade in a Narrow Range
SmartMetric Inc. (OTCMTKS:SMME) is moving in a range. The SmartMetric biometric credit card with inbuilt rechargeable battery powering fingerprint recognition is now powered through a green, sustainable, safe minute internal battery.
Market Stats
On Wednesday, SMME stock moved up 0.56% to $0.0089 with more than 840K shares, compared to its average volume of 1.72 million shares. The stock moved within a range of $0.0085 – 0.0094 after opening trading at $0.0090.
SmartMetric Adopts A “Green” Rechargeable Battery For Its Biometric Self Powered Biometric Credit Cards
CEO Chaya Hendrick said the battery they are utilizing is a tiny non-volatile cell that can be chopped with scissors with no problem or leaking, making it extremely ecologically friendly for employment in biometric payment cards. SmartMetric is the first fingerprint biometric-enabled card with a recharging battery in the credit card sector, allowing it to be utilized in all payment card conditions. Examples are application examples of restaurants and ATMs that process card transactions separately from the table.
SmartMetric’s recharging fingerprint card tech is crucial because it enables credit card companies to offer their clients a biometrics card that is functional and interoperable with all conventional card readers, an aspect that non-self-powered fingerprint cards can’t do. So in the coming weeks, investors should keep an eye on SMME.
Key Quote
“SmartMetric is the only known fingerprint biometric activated card in the credit card industry with a rechargeable battery that allows the card to be used in all card transaction situations. Such as ATMs and restaurants that process the card transaction away from the table,” said SmartMetric’s Chaya Hendrick.
Traders Corner
SMME stock is trading below the 20-Day and 50-Day Moving averages of $0.0135 and $0.0164 respectively. The stock is trading in neutral zone with the RSI at 37.
