OmniTek Engineering (OTCMKTS:OMTK) Stock Passes Below 50 Day Moving Average of $0.06
OmniTek Engineering Corp (OTCMKTS:OMTK) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.06 and traded as low as $0.05. OmniTek Engineering shares last traded at $0.06, with a volume of 50,000 shares.
The firm has a 50 day simple moving average of $0.06.
About OmniTek Engineering (OTCMKTS:OMTK)
Omnitek Engineering Corp. engages in the development and sale of proprietary technology to convert diesel engines to an alternative fuel, natural gas engines and complementary products. Its product application includes stationary applications, global transportation industry, which includes light commercial vehicles, minibuses, heavy-duty-trucks, municipal buses, as well as rail and marine applications.
Further Reading: Are sell-side analysts objective?
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