Omnitek Engineering Corp. (OTCMKTS:OMTK – Get Free Report) shares passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $0.01 and traded as high as $0.0121. Omnitek Engineering shares last traded at $0.0121, with a volume of 10,000 shares changing hands.
Omnitek Engineering Stock Down 4.7%
The firm has a market capitalization of $265,595.00, a PE ratio of 1.21 and a beta of 0.33. The business’s 50-day moving average price is $0.01 and its 200-day moving average price is $0.01.
About Omnitek Engineering
Omnitek Engineering Corp. develops and commercializes alternative-fuel technologies for diesel engines. Its primary focus is converting diesel-powered engines to operate on cleaner-burning fuels, including compressed natural gas and other gaseous fuels.
The company’s products and technologies include engine conversion systems, fuel-delivery components, electronic controls, and related equipment designed for heavy-duty vehicles, commercial transportation, and stationary power-generation applications.
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