Shares of IGEN Networks Corporation (OTCMKTS:IGEN) have been trading within a narrow range over the past few sessions.
Trading Data
On Monday, IGEN stock ended flat at $0.0041 with more than 12.51 million shares traded, compared to its average volume of 7.27 million shares. The stock moved within a range of $0.0039 – 0.0042 after opening trading at $0.0039.
Medallion GPS PRO for Medium to Heavy Duty Commercial Fleets Launched by IGEN Networks
Top innovator of cloud-based and Internet of Things (IoT) solutions, IGEN Networks Corporation (OTCMKTS:IGEN), announced the launch of its Medallion GPS PRO on March 21, 2022. It is designed to meet the extensive needs of medium-to-heavy duty commercial fleets deployed throughout counties, states, and the Federal government.
The Medallion GPS PRO is based on 5G technology and has the following features:
Excellent connectivity to support all data parameters (85-660 PGN parameters) generated from medium-to-heavy duty vehicles. To adhere to driver safety and conformance to regulatory standards, the hours-of-service are automated, Real-time updates to manage commercial fleets, timed to the second, supported an unlimited number of landmark locations for large-scale deployment of Point-of-Delivery (POD) and Routing Services, A patent-protected driver scoring system to measure safety of drivers and monitor performance, Measures emissions and carbon footprint of active vehicles, Camera systems that use the most sophisticated artificial intelligence technology to provide real-time management and monitoring tools to protect driver and vehicle assets, Supports 10 temperature zones for complex refrigeration applications.
This is IGEN’s next level of commercial fleet applications that uses extensive data systems inherent within heavier commercial vehicles. Medallion GPS PRO will offer IGEN’s patented Driver Telematics Signature algorithms to monitor driver performance and safety through a proprietary measurement system that is will be a game changer for the commercial fleet industry.
Technical Data
IGEN stock is below the 20-Day and 50-Day Moving averages of $0.0046 and $0.0053 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0062.
