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

Shares of Acorn Energy Inc. (OTCMKTS:ACFNGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $19.62 and traded as high as $31.16. Acorn Energy shares last traded at $28.88, with a volume of 14,996 shares traded.

Acorn Energy Price Performance

The firm has a 50 day simple moving average of $25.40 and a 200-day simple moving average of $19.62. The company has a market cap of $72.23 million, a price-to-earnings ratio of 10.82 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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