Shares of Cavitation Technologies, Inc. (OTCMKTS:CVAT – Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.03 and traded as high as $0.0310. Cavitation Technologies shares last traded at $0.0310, with a volume of 663,895 shares trading hands.
Cavitation Technologies Trading Down 3.5%
The firm has a 50-day simple moving average of $0.03 and a 200-day simple moving average of $0.03.
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.
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