OriginClear, Inc. (OTCMKTS:OCLN – Get Rating) was the target of a large decline in short interest in April. As of April 30th, there was short interest totalling 9,900 shares, a decline of 66.1% from the April 15th total of 29,200 shares. Based on an average daily volume of 681,800 shares, the days-to-cover ratio is currently 0.0 days.
OriginClear stock remained flat at $$0.02 during midday trading on Thursday. 620,026 shares of the company’s stock traded hands, compared to its average volume of 355,403. OriginClear has a twelve month low of $0.02 and a twelve month high of $0.14. The company has a fifty day simple moving average of $0.02 and a 200-day simple moving average of $0.03. The company has a market capitalization of $10.57 million, a P/E ratio of -0.11 and a beta of 0.69.
OriginClear (OTCMKTS:OCLN – Get Rating) last issued its quarterly earnings data on Wednesday, April 13th. The company reported $0.06 earnings per share for the quarter. The business had revenue of $1.30 million during the quarter.
OriginClear, Inc provides water treatment solutions worldwide. It licenses its Electro Water Separation water cleanup technology that utilizes a catalytic process to concentrate and eliminate suspended solids in commercial and industrial wastewater; and Advanced Oxidation technology for reducing or eliminating dissolved organic microtoxins.
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