Cavitation Technologies, Inc. (OTCMKTS:CVAT – Get Free Report) crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $0.03 and traded as high as $0.0323. Cavitation Technologies shares last traded at $0.0301, with a volume of 648,832 shares trading hands.
Cavitation Technologies Stock Up 0.7%
The firm’s fifty day moving average price is $0.04 and its 200 day moving average price is $0.03.
About Cavitation Technologies
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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