Acorn Energy (OTCMKTS:ACFN) Share Price Passes Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Acorn Energy's stock price surpassed its 200-day moving average of $20.10, reaching a high of $29.51 before last trading at $28.55.
• The company, specializing in wireless remote monitoring and control systems, has a market cap of $71.40 million and a price-to-earnings ratio of 10.69.
• With a beta of 0.23, Acorn Energy's stock suggests low volatility relative to the market.

Acorn Energy Inc. (OTCMKTS:ACFN - )'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $20.10 and traded as high as $29.51. Acorn Energy shares last traded at $28.55, with a volume of 15,241 shares changing hands.

Acorn Energy Trading Down 0.0%

The business has a 50-day moving average price of $26.97 and a 200 day moving average price of $20.10. The company has a market cap of $71.40 million, a price-to-earnings ratio of 10.69 and a beta of 0.23.

Acorn Energy Company Profile

Acorn Energy, Inc, together with its subsidiaries, develops and markets wireless remote monitoring and control systems for various markets in the United States and internationally. It operates in 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, pumps, pumpjacks, light towers, turbines, compressors, fire pumps, and other industrial equipment; and Internet of Things applications.

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