Acorn Energy (OTCMKTS:ACFN) Shares Cross Above 200-Day Moving Average of $0.26

Acorn Energy, Inc. (OTCMKTS:ACFN) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.26 and traded as high as $0.32. Acorn Energy shares last traded at $0.31, with a volume of 19,359 shares trading hands.

The stock has a fifty day moving average of $0.36 and a 200-day moving average of $0.26. The stock has a market capitalization of $12.34 million, a price-to-earnings ratio of -31.00 and a beta of 1.84.

About Acorn Energy (OTCMKTS:ACFN)

Acorn Energy, Inc, through its subsidiaries, develops and markets wireless remote monitoring and control systems for various markets in the United States and internationally. It operates through 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, compressors, pumps, pumpjacks, light towers, turbines, and other industrial equipment; and Internet of Things applications.

Featured Story: Why is a lock-up period needed for an IPO?

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’s FREE daily email newsletter.