Shares of Omnitek Engineering Corp. (OTCMKTS:OMTK – Get Free Report) passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $0.01 and traded as high as $0.0425. Omnitek Engineering shares last traded at $0.0376, with a volume of 445,746 shares trading hands.
Omnitek Engineering Trading Down 19.6%
The company has a market capitalization of $592,650.00, a P/E ratio of 2.70 and a beta of 0.32. The stock’s fifty day moving average is $0.01 and its 200 day moving average 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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