Tel-Instrument Electronics (NYSEAMERICAN:TIK) Stock Passes Below 200 Day Moving Average – Here’s Why

Tel-Instrument Electronics Corp. (NYSEAMERICAN:TIKGet Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.80 and traded as low as $1.50. Tel-Instrument Electronics shares last traded at $1.50, with a volume of 390 shares changing hands.

Tel-Instrument Electronics Stock Performance

The business’s 50-day moving average price is $1.46 and its 200 day moving average price is $1.80.

Tel-Instrument Electronics Company Profile

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Tel-Instrument Electronics, Inc designs and manufactures high-reliability interconnect and electromechanical products primarily for aerospace, defense and industrial instrumentation markets. The company’s offerings include MIL-DTL-38999 and MIL-DTL-83513 circular connectors, filtered and hermetically sealed connectors, custom cable and wiring harness assemblies, as well as environmental shielding and grounding components. These products are engineered to meet stringent performance, durability and safety standards required by military, avionics and space applications.

In addition to interconnect solutions, Tel-Instrument Electronics produces ruggedized power supplies, converters and sensor interfaces for use in mission-critical systems.

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