Cavitation Technologies, Inc. (OTCMKTS:CVAT – Get Free Report)’s share price passed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $0.03 and traded as low as $0.0250. Cavitation Technologies shares last traded at $0.0270, with a volume of 1,627,134 shares.
Cavitation Technologies Trading Up 0.7%
The firm has a fifty day moving average price of $0.04 and a two-hundred day moving average price of $0.03.
Cavitation Technologies Company Profile
Cavitation Technologies, Inc develops and commercializes proprietary technologies based on hydrodynamic cavitation. The company’s systems are designed to improve industrial processing efficiency while reducing the use of chemicals, energy, and water in selected applications.
Its principal technology, marketed as the Nano Neutralization system, is used in the refining of edible oils. The company also develops solutions for biodiesel production and water treatment, including equipment and processes intended to support the separation, purification, and treatment of industrial fluids.
Cavitation Technologies has pursued commercialization through technology licensing, equipment sales, and collaborations with industry participants.
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