Thu Sep 19 05:53:21 UTC 2024: ## Cyberloq Technologies Stock Plunges 14.3% on Wednesday

**[City, State] – September 19, 2024** – Shares of Cyberloq Technologies, Inc. (NASDAQ: CLOQ) plummeted by 14.3% on Wednesday, closing at $0.17 after hitting a low of $0.13. The significant drop followed a previous closing price of $0.20.

Trading volume for the day surged to 352,600 shares, a staggering 2,146% increase compared to the average session volume of 15,701 shares.

Cyberloq Technologies is a development-stage technology company focused on fraud prevention and credit management in the United States. The company offers several solutions, including CyberloQ, a banking fraud prevention technology for institutional clients; TurnScor, a web-based platform for personal credit monitoring and management; and CyberloQ Vault, a cloud-based security protocol for secure data transfer.

The stock’s 50-day simple moving average is $0.17, while its 200-day simple moving average sits at $0.15.

The reason behind the sharp decline in Cyberloq Technologies’ share price remains unclear.

Read More