Anaergia (OTCMKTS:ANRGF) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Anaergia Inc. (OTCMKTS:ANRGF)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $1.72 and traded as low as $1.50. Anaergia shares last traded at $1.56, with a volume of 13,100 shares changing hands.

Anaergia Stock Up 4.0%

The firm has a market cap of $44.05 million, a price-to-earnings ratio of -5.57 and a beta of 2.43. The company’s 50-day moving average price is $1.76 and its 200-day moving average price is $1.72.

Anaergia Company Profile

Anaergia Inc (OTCMKTS: ANRGF) is a Canadian-based provider of advanced waste-to-value and resource recovery solutions. Headquartered in Oakville, Ontario, the company specializes in the design, engineering, procurement and construction of integrated systems that convert organic waste and wastewater feedstocks into renewable energy, bio-fertilizers, recycled water and other high-value byproducts. Leveraging proprietary technologies in anaerobic digestion, thermal hydrolysis, membrane filtration and nutrient recovery, Anaergia’s offerings enable municipal and industrial clients to reduce their environmental footprint while generating sustainable revenue streams.

Since its founding in 2008 under the name Davis Clean Tech and subsequent rebranding as Anaergia, the company has expanded its global footprint with projects across North America, Europe, Asia and Australia.