Acorn Energy (ACFN) Stock Price, News & Analysis

Company Overview

Acorn Energy, Inc., together with its subsidiaries, develops and markets wireless remote monitoring and control systems for various markets in the United States and internationally. It operates in two segments, Power Generation (PG) Monitoring and Cathodic Protection (CP) Monitoring. The PG segment provides wireless remote monitoring and control systems, and services for critical assets, which include stand-by power generators, pumps, pumpjacks, light towers, turbines, compressors, fire pumps, and other industrial equipment; and Internet of Things applications. The CP segment offers remote monitoring and control products for cathodic protection systems utilized in gas pipelines for gas utilities market and pipeline operators. The company was incorporated in 1986 and is based in Wilmington, Delaware.

Key Stats

• Today's Range: $17.67 to $18.00
• 50-Day Range: $10.91 to $19.25
• 52-Week Range: $5.76 to $19.35
• Volume: 2,337 shs
• Average Volume: 3,168 shs
• Market Capitalization: $44.78 million
• P/E Ratio: 39.13
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

ACFN Stock Analysis - Frequently Asked Questions

How have ACFN shares performed this year?

Acorn Energy's stock was trading at $6.09 at the beginning of the year. Since then, ACFN stock has increased by 195.6% and is now trading at $18.00.
View the best growth stocks for 2024 here.

How were Acorn Energy's earnings last quarter?

Acorn Energy, Inc. (OTCMKTS:ACFN) announced its earnings results on Wednesday, May, 13th. The technology company reported ($0.16) earnings per share for the quarter. The technology company had revenue of $1.34 million for the quarter. Acorn Energy had a net margin of 11.80% and a negative trailing twelve-month return on equity of 275.24%.

When did Acorn Energy's stock split?

Acorn Energy's stock reverse split before market open on Friday, September 8th 2023. The 1-16 reverse split was announced on Friday, September 8th 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, September 8th 2023. An investor that had 100 shares of stock prior to the reverse split would have 6 shares after the split.

How do I buy shares of Acorn Energy?

Shares of ACFN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Acorn Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Acorn Energy investors own include XTI Aerospace (XTIA), Cosmos Health (COSM), InterCloud Systems (ICLD), FuelCell Energy (FCEL), Iteris (ITI), Precipio (PRPO) and Energy Fuels (UUUU).

Company Calendar

• Last Earnings: 5/13/2020
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Computer and Technology
• Industry: Engineering services
• Sub-Industry: Environmental & Facilities Services
• Current Symbol: OTCMKTS:ACFN
• CUSIP: 00484810
• CIK: 880984
• Web: www.acornenergy.com
• Phone: (410) 654-3315
• Fax: 203-624-7003
• Employees: 20
• Year Founded: 1986

Profitability

• EPS (Most Recent Fiscal Year): $0.46
• Trailing P/E Ratio: 39.13
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $120,000.00
• Net Margins: 11.80%
• Pretax Margin: 12.78%
• Return on Equity: -275.24%
• Return on Assets: 22.34%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.07
• Quick Ratio: 0.91

Sales & Book Value

• Annual Sales: $8.06 million
• Price / Sales: 5.56
• Cash Flow: $0.11 per share
• Price / Cash Flow: 162.18
• Book Value: ($0.33) per share
• Price / Book: -54.55

Miscellaneous

• Outstanding Shares: 2,488,000
• Free Float: 1,618,000
• Market Cap: $44.78 million
• Optionable: Not Optionable
• Beta: 0.69