Acorn Energy (OTCMKTS:ACFN) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened

Acorn Energy Inc. (OTCMKTS:ACFNGet Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $18.64 and traded as high as $29.66. Acorn Energy shares last traded at $27.90, with a volume of 29,178 shares traded.

Acorn Energy Stock Up 0.9%

The stock has a 50-day simple moving average of $22.45 and a two-hundred day simple moving average of $18.64. The firm has a market cap of $69.78 million, a PE ratio of 10.45 and a beta of 0.23.

Acorn Energy Company Profile

(Get Free Report)

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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