Acorn Energy (OTCMKTS:ACFN) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Acorn Energy, Inc. (OTCMKTS:ACFNGet Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $14.01 and traded as high as $17.30. Acorn Energy shares last traded at $17.30, with a volume of 220 shares traded.

Acorn Energy Stock Performance

The stock has a market capitalization of $43.07 million, a P/E ratio of 37.60 and a beta of 0.68. The stock’s fifty day simple moving average is $18.15 and its two-hundred day simple moving average is $14.01.

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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