Tel-Instrument Electronics Corp. (OTCMKTS:TIKK – Get Rating) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 200 shares, a drop of 50.0% from the February 28th total of 400 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is presently 0.2 days.
Tel-Instrument Electronics Price Performance
OTCMKTS:TIKK traded up $0.05 during trading hours on Thursday, reaching $2.25. 300 shares of the company were exchanged, compared to its average volume of 1,873. The company has a market capitalization of $7.34 million, a P/E ratio of -8.04 and a beta of 0.57. Tel-Instrument Electronics has a 1-year low of $1.25 and a 1-year high of $3.19. The business has a 50 day moving average of $2.28 and a 200 day moving average of $2.13.
Get Tel-Instrument Electronics alerts:Tel-Instrument Electronics (OTCMKTS:TIKK – Get Rating) last issued its quarterly earnings results on Monday, February 13th. The company reported $0.08 earnings per share (EPS) for the quarter. The business had revenue of $2.33 million for the quarter. Tel-Instrument Electronics had a negative return on equity of 89.46% and a negative net margin of 9.95%.
About Tel-Instrument Electronics
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Tel-Instrument Electronics Corp. designs, manufactures, and sells avionics test and measurement instruments for the commercial air transport, general aviation, and government/military aerospace and defense markets in the United States and internationally. The firm operates in two segments: Avionics Government and Avionics Commercial.
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