Acorn Energy (OTCMKTS:ACFN) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Shares of Acorn Energy, Inc. (OTCMKTS:ACFNGet Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $14.77 and traded as high as $17.56. Acorn Energy shares last traded at $17.50, with a volume of 1,665 shares trading hands.

Acorn Energy Stock Down 0.9 %

The firm’s 50 day simple moving average is $17.97 and its two-hundred day simple moving average is $14.77. The stock has a market cap of $43.59 million, a P/E ratio of 38.04 and a beta of 0.68.

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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