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Acorn Energy's (ACFN) "Buy (B-)" Rating Reiterated at Weiss Ratings

Key Points

  • Acorn Energy's stock has been given a "Buy (B-)" rating, reaffirmed by Weiss Ratings, indicating positive outlook for investors.
  • Additionally, Wall Street Zen upgraded Acorn Energy's rating to "strong-buy," emphasizing growing confidence in the company's performance.
  • Currently, Acorn Energy shares are trading at $26.98, with a market capitalization of $67.45 million and a PE ratio of 9.50.
  • MarketBeat previews the top five stocks to own by November 1st.

Acorn Energy (NASDAQ:ACFN - Get Free Report)'s stock had its "buy (b-)" rating restated by Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen raised shares of Acorn Energy to a "strong-buy" rating in a research note on Saturday, September 6th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Acorn Energy has a consensus rating of "Buy".

Check Out Our Latest Analysis on Acorn Energy

Acorn Energy Stock Performance

Shares of Acorn Energy stock traded up $0.17 on Wednesday, hitting $26.98. 6,156 shares of the company traded hands, compared to its average volume of 11,956. Acorn Energy has a 52 week low of $10.80 and a 52 week high of $33.00. The company has a market capitalization of $67.45 million, a PE ratio of 9.50 and a beta of 0.14.

Acorn Energy Company Profile

(Get Free Report)

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, pumps, pumpjacks, light towers, turbines, and other industrial equipment; and Internet of Things applications.

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