Omnitek Engineering (OTCMKTS:OMTK) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Omnitek Engineering Corp. (OTCMKTS:OMTK) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.01 and traded as high as $0.0145. Omnitek Engineering shares last traded at $0.0145, with a volume of 800 shares changing hands.

Omnitek Engineering Stock Performance

The firm’s 50 day simple moving average is $0.01 and its 200 day simple moving average is $0.01. The firm has a market capitalization of $318,275.00, a price-to-earnings ratio of 0.73 and a beta of 0.24.

Omnitek Engineering (OTCMKTS:OMTK) last released its quarterly earnings data on Tuesday, November 18th. The industrial products company reported $0.01 earnings per share for the quarter. The firm had revenue of $0.30 million for the quarter. Omnitek Engineering had a net margin of 18.80% and a negative return on equity of 22.26%.

Omnitek Engineering Company Profile

Omnitek Engineering Corporation (OTCMKTS:OMTK) is a California‐based technology company that develops and manufactures advanced emission monitoring and control solutions for industrial applications. The company’s core focus is on providing high-precision gas analysis and combustion management systems designed to help clients comply with stringent environmental and safety regulations while optimizing operational efficiency.

Omnitek’s product portfolio includes continuous emission monitoring systems (CEMS), portable gas analyzers, and turnkey gas measurement packages that detect and quantify key pollutants such as nitrogen oxides (NOx), carbon monoxide (CO), and oxygen (O₂).