Tel-Instrument Electronics Corp. (OTCMKTS:TIKK – Get Free Report) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totalling 300 shares, a decrease of 25.0% from the July 15th total of 400 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is presently 1.0 days.
Tel-Instrument Electronics Price Performance
TIKK opened at $2.30 on Friday. The company has a market cap of $7.49 million, a price-to-earnings ratio of -9.58 and a beta of 0.57. Tel-Instrument Electronics has a 52-week low of $1.25 and a 52-week high of $2.93. The firm’s fifty day simple moving average is $2.29 and its two-hundred day simple moving average is $2.25.
Tel-Instrument Electronics (OTCMKTS:TIKK – Get Free Report) last released its quarterly earnings data on Thursday, June 15th. The company reported ($0.05) earnings per share (EPS) for the quarter. Tel-Instrument Electronics had a negative return on equity of 59.49% and a negative net margin of 5.42%. The firm had revenue of $2.04 million for the quarter.
Tel-Instrument Electronics Company Profile
Tel-Instrument Electronics Corp. engages in the design, manufacture, and sale of 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 through the Avionics Government and Avionics Commercial segments.
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