Tel-Instrument Electronics (OTCMKTS:TIKK) Announces Earnings Results

Tel-Instrument Electronics (OTCMKTS:TIKK) posted its quarterly earnings results on Thursday. The company reported ($0.17) earnings per share for the quarter, Zacks reports. Tel-Instrument Electronics had a negative net margin of 3.23% and a negative return on equity of 105.05%.

Tel-Instrument Electronics Stock Performance

Shares of TIKK traded up $0.01 during mid-day trading on Thursday, reaching $3.30. The company had a trading volume of 550 shares, compared to its average volume of 3,609. The company’s 50 day simple moving average is $2.95 and its 200 day simple moving average is $2.75. Tel-Instrument Electronics has a 1-year low of $1.60 and a 1-year high of $3.37. The company has a market capitalization of $10.74 million, a price-to-earnings ratio of -16.50 and a beta of 0.50.

Tel-Instrument Electronics Company Profile

Tel-Instrument Electronics Corp. engages in designing, manufacturing, and sales 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. It operates through two segments, Avionics Government and Avionics Commercial.