Cavitation Technologies (OTCMKTS:CVAT) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

Cavitation Technologies, Inc. (OTCMKTS:CVAT) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.05 and traded as low as $0.0374. Cavitation Technologies shares last traded at $0.0398, with a volume of 11,800 shares.

Cavitation Technologies Price Performance

The company has a fifty day moving average price of $0.04 and a two-hundred day moving average price of $0.05.

Cavitation Technologies Company Profile

Cavitation Technologies, Inc develops and commercializes industrial fluid?treatment and cleaning systems that harness the physical process of cavitation. By inducing controlled implosion of microbubbles in liquids—either through hydrodynamic or ultrasonic methods—the company’s equipment can remove scale, oil, biofilm and chemical residues without the need for aggressive solvents or high-pressure blasting. Cavitation’s technology platform is designed to improve efficiency, lower operational costs and reduce environmental impact in a variety of industrial applications.

The company’s product lineup includes bench?scale and skid?mounted cavitation reactors, ultrasonic cleaning units and integrated fluid?handling modules.