Acorn Energy (OTCMKTS:ACFN) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of Acorn Energy, Inc. (OTCMKTS:ACFNGet Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $12.39 and traded as high as $18.55. Acorn Energy shares last traded at $18.55, with a volume of 1,451 shares trading hands.

Acorn Energy Stock Down 5.7 %

The firm has a market cap of $43.59 million, a PE ratio of 38.04 and a beta of 0.69. The company has a 50-day simple moving average of $17.01 and a two-hundred day simple moving average of $12.43.

About Acorn Energy

(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.

Recommended Stories

Receive News & Ratings for Acorn Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acorn Energy and related companies with MarketBeat.com's FREE daily email newsletter.