As of late, it has definitely been a great time to be an investor in Acorn Energy Inc. (ACFN). The stock has moved higher by 22.3% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path.

We certainly think that this might be the case, particularly if you consider ACFN’s recent earnings estimate revision activity. From this look, the company’s future is quite favorable; as ACFN has earned itself a Zacks Rank #2 (Buy), meaning that its recent run may continue for a bit longer, and that this isn’t the top for the in-focus company.

 
ACORN ENERGY IN (ACFN): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research
Grafico Azioni Acorn Energy (QB) (USOTC:ACFN)
Storico
Da Mag 2024 a Giu 2024 Clicca qui per i Grafici di Acorn Energy (QB)
Grafico Azioni Acorn Energy (QB) (USOTC:ACFN)
Storico
Da Giu 2023 a Giu 2024 Clicca qui per i Grafici di Acorn Energy (QB)