Acorn Energy (OTCMKTS:ACFN) Stock Price Passes Above Two Hundred Day Moving Average of $0.29

Acorn Energy Inc (OTCMKTS:ACFN)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.29 and traded as high as $0.35. Acorn Energy shares last traded at $0.34, with a volume of 15,100 shares.

The firm’s 50 day moving average price is $0.33 and its 200-day moving average price is $0.29. The firm has a market cap of $13.54 million, a price-to-earnings ratio of -11.40 and a beta of 2.22.

Acorn Energy Company Profile (OTCMKTS:ACFN)

Acorn Energy, Inc, through its subsidiaries, develops and markets wireless remote monitoring and control systems for various markets in the United States and internationally. It operates through two segments, Power Generation (PG) Monitoring and Cathodic Protection (CP) Monitoring. The PG segment provides wireless remote monitoring and control systems, and services for critical assets, which include stand-by power generators, compressors, batteries, pumps, pumpjacks, light towers, turbines, and other industrial equipment; and Internet of Things applications.

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