Anaergia (OTCMKTS:ANRGF) Shares Cross Below 200-Day Moving Average – Should You Sell?

Anaergia Inc. (OTCMKTS:ANRGF) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.73 and traded as low as $1.42. Anaergia shares last traded at $1.52, with a volume of 17,000 shares trading hands.

Anaergia Stock Performance

The company has a market cap of $45.93 million, a P/E ratio of -5.81 and a beta of 2.43. The firm has a 50 day moving average price of $1.71 and a 200-day moving average price of $1.74.

About Anaergia

Anaergia Inc (OTCMKTS: ANRGF) is a Canadian-based provider of advanced waste-to-value and resource recovery solutions. Headquartered in Oakville, Ontario, the company specializes in the design, engineering, procurement and construction of integrated systems that convert organic waste and wastewater feedstocks into renewable energy, bio-fertilizers, recycled water and other high-value byproducts. Leveraging proprietary technologies in anaerobic digestion, thermal hydrolysis, membrane filtration and nutrient recovery, Anaergia’s offerings enable municipal and industrial clients to reduce their environmental footprint while generating sustainable revenue streams.

Since its founding in 2008 under the name Davis Clean Tech and subsequent rebranding as Anaergia, the company has expanded its global footprint with projects across North America, Europe, Asia and Australia.