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

Acorn Energy, Inc. (OTCMKTS:ACFNGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.93 and traded as high as $19.50. Acorn Energy shares last traded at $19.50, with a volume of 6,798 shares changing hands.

Acorn Energy Price Performance

The company has a fifty day moving average price of $17.99 and a 200 day moving average price of $13.08. The stock has a market cap of $47.09 million, a P/E ratio of 41.12 and a beta of 0.69.

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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