Acorn Energy (OTCMKTS:ACFN) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

Acorn Energy, Inc. (OTCMKTS:ACFNGet Free Report)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $14.37 and traded as high as $18.30. Acorn Energy shares last traded at $18.20, with a volume of 4,260 shares changing hands.

Acorn Energy Stock Up 6.7 %

The stock has a market capitalization of $45.32 million, a P/E ratio of 39.57 and a beta of 0.68. The company has a fifty day moving average price of $18.00 and a 200-day moving average price of $14.37.

Acorn Energy Company Profile

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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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