Omnitek Engineering Corp. (OTCMKTS:OMTK – Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $0.01 and traded as high as $0.0243. Omnitek Engineering shares last traded at $0.0243, with a volume of 8,000 shares traded.
Omnitek Engineering Stock Performance
The company has a market cap of $548,750.00, a P/E ratio of 2.50 and a beta of 0.32. The firm’s fifty day moving average is $0.02 and its two-hundred day moving average is $0.01.
About Omnitek Engineering
Omnitek Engineering, Inc develops and supplies alternative-fuel technology for internal-combustion engines. The company has focused primarily on systems that convert diesel-powered vehicles and equipment to operate on cleaner-burning fuels, including compressed natural gas and other gaseous fuels.
Its products have included engine conversion kits, electronic control systems, fuel-system components and related hardware designed for medium- and heavy-duty applications. These systems are intended for use in commercial vehicles, transit buses, trucks, industrial equipment and other diesel engine platforms, with an emphasis on reducing emissions and fuel costs.
Omnitek Engineering has historically operated from California and has marketed its technology through domestic and international distribution and licensing relationships.
Read More
- Five stocks we like better than Omnitek Engineering
- Spotify Soars After Earnings as the Company Touts AI Benefits and Moderating Costs
- Lockheed Martin’s Record $292 Billion Backlog Comes With a Delivery Test
- Palantir’s Next Big Test Isn’t a Partnership—It’s the Numbers
- Kinder Morgan’s $4.7 Billion Pipeline Bet Could Be Bigger Than Its Earnings Beat
Receive News & Ratings for Omnitek Engineering Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omnitek Engineering and related companies with MarketBeat.com's FREE daily email newsletter.
