Omnitek Engineering (OTCMKTS:OMTK) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Omnitek Engineering Corp. (OTCMKTS:OMTK)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.01 and traded as high as $0.0145. Omnitek Engineering shares last traded at $0.0145, with a volume of 800 shares traded.

Omnitek Engineering Price Performance

The company has a fifty day simple moving average of $0.01 and a two-hundred day simple moving average of $0.01. The company has a market capitalization of $318,275.00, a P/E ratio of 0.73 and a beta of 0.24.

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

About Omnitek Engineering

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).