Omnitek Engineering (OTCMKTS:OMTK) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Omnitek Engineering Corp. (OTCMKTS:OMTK)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.01 and traded as high as $0.01. Omnitek Engineering shares last traded at $0.01, with a volume of 0 shares.

Omnitek Engineering Trading Down 16.7%

The stock has a market cap of $219,500.00, a P/E ratio of 0.50 and a beta of -0.16. The stock has a 50 day simple moving average of $0.01 and a 200 day simple moving average of $0.01.

Omnitek Engineering (OTCMKTS:OMTK) last released its earnings results on Tuesday, November 18th. The industrial products company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $0.30 million for the quarter. Omnitek Engineering had a negative return on equity of 22.26% and a net margin of 18.80%.

Omnitek Engineering Company Profile

Omnitek Engineering Corporation (OTCMKTS:OMTK) is a California‐based technology company that develops and manufactures advanced emission monitoring and control solutions for industrial applications. The company’s core focus is on providing high-precision gas analysis and combustion management systems designed to help clients comply with stringent environmental and safety regulations while optimizing operational efficiency.

Omnitek’s product portfolio includes continuous emission monitoring systems (CEMS), portable gas analyzers, and turnkey gas measurement packages that detect and quantify key pollutants such as nitrogen oxides (NOx), carbon monoxide (CO), and oxygen (O₂).