Shares of Track Group (OTCMKTS:TRCK) have been trading within a narrow range over the past sessions.
Trading Data
On Wednesday, TRCK stock fell 0.90% to $1.10 with more than 4k shares, compared to its average volume of 4.6K shares. The stock moved within a range of $1.1000 – 1.1000 after opening trade at $1.10.
Track Group, Inc. Partners with Socrates Software LLC
Track Group (OTCMKTS:TRCK) collaborates with Socrates Software LLC to Launch App for Incarcerated Individuals to Help with Reintegration
Global leader in offender tracking and monitoring services, Track Group, Inc. announced that it has entered into an exclusive partnership with Socrates Software LLC to deploy Socrates 360 – a multipurpose app for helping justice-involved individuals succeed in the community post-incarceration.
Socrates 360 is a customizable app that has several educational courses, starting from basic reading and writing ones to even earning a master’s degree. It also provides health, parenting, and job skills courses, money management, and wellbeing advice. Access to local services, calendars, scheduling, appointment reminders, video conferencing, and remote check-ins, are available too, depending upon requirements.
There are 2 million Americans who are incarcerated, with 600,000 of them returning to communities every year, with restricted access to means for supporting reintegration into society. But Track Group and Socrates strives to change that by offering education, life skills, and vocational training to prisoners, parolees, and probationers, both during and after their sentences.
The app will be provided to inmates in custody on secure tablets. It can be accessed on most smart devices upon reentry to the community, thus providing a continuity of education and support. James Levy, Socrates Software’s CEO, is excited about partnering with Track Group, to empower incarcerated individuals and provide them with a stable future.
Technical Data
TRCK stock is below 20-Day and 50-Day Moving averages of $1.67 and $1.94 respectively. Moreover, the stock is trading below the 200-Day moving average of $2.59.
