Acorn Energy (OTCMKTS:ACFN) Stock Price Crosses Above 200 Day Moving Average of $6.64

Acorn Energy, Inc. (OTCMKTS:ACFN) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.64 and traded as high as $8.50. Acorn Energy shares last traded at $8.00, with a volume of 1,176 shares.

Acorn Energy Price Performance

The stock has a 50-day moving average price of $7.30 and a 200 day moving average price of $6.64. The firm has a market cap of $19.92 million, a price-to-earnings ratio of 200.05 and a beta of 0.68.

Acorn Energy (OTCMKTS:ACFN) last posted its earnings results on Thursday, March 7th. The technology company reported $0.03 EPS for the quarter. Acorn Energy had a negative return on equity of 12.58% and a net margin of 1.48%. The business had revenue of $2.25 million for the quarter.

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.