Acorn Energy (OTCMKTS:ACFN) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

Acorn Energy, Inc. (OTCMKTS:ACFNGet Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $10.49 and traded as high as $15.40. Acorn Energy shares last traded at $15.40, with a volume of 1,895 shares changing hands.

Acorn Energy Trading Up 3.5 %

The company has a fifty day moving average of $11.93 and a 200-day moving average of $10.49. The stock has a market cap of $38.35 million, a PE ratio of 33.48 and a beta of 0.61.

About Acorn Energy

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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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