Abtech (OTCMKTS:ABHD) Shares Break Above 50-Day Moving Average – Here’s Why

Abtech Holdings Inc (OTCMKTS:ABHD) passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $1.08 and traded as high as $1.08. Abtech shares last traded at $1.08, with a volume of 500 shares changing hands.

Abtech Stock Up 2.9%

The business’s 50 day simple moving average is $1.08 and its 200-day simple moving average is $1.08.

Abtech Company Profile

Abtech Holdings, Inc is an environmental technology company focused on water purification and pollution-control products. Its business is associated with proprietary absorbent technologies designed to capture hydrocarbons, oils and other contaminants from water.

The company’s product offerings have included Smart Sponge and related absorbent products, such as pads, booms and other formats used in stormwater management, industrial applications, spill response and maritime environments. These products are intended to help remove pollutants before contaminated water reaches waterways or treatment systems.

Abtech Holdings has operated through the commercialization of environmentally focused products for customers seeking solutions for water cleanup and contamination control.