Omnitek Engineering (OTCMKTS:OMTK) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Omnitek Engineering Corp. (OTCMKTS:OMTK)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.01 and traded as high as $0.0134. Omnitek Engineering shares last traded at $0.0134, with a volume of 10,000 shares trading hands.

Omnitek Engineering Trading Down 7.6%

The stock has a market cap of $294,130.00, a price-to-earnings ratio of 0.67 and a beta of 0.24. The company has a fifty 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 for the quarter. The business had revenue of $0.30 million for the quarter. Omnitek Engineering had a net margin of 18.80% and a negative return on equity of 22.26%.

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).