Latch (NASDAQ:LTCH) Stock Price Down 9.9% – Here’s Why

Latch, Inc. (NASDAQ:LTCHGet Free Report)’s stock price was down 9.9% during trading on Friday . The stock traded as low as $0.45 and last traded at $0.45. Approximately 3,655 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 55,445 shares. The stock had previously closed at $0.50.

Latch Price Performance

The business’s 50 day moving average is $0.48 and its 200-day moving average is $0.48.

About Latch

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Latch, Inc operates as an enterprise technology company in the United States and Canada. The company offers LatchOS, an operating system that extends smart access, delivery and guest management, smart home and sensors, connectivity, and personalization and services. Its software products include Latch Resident Mobile Applications, Latch Manager Web, and the Latch Manager Mobile Applications.

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