Maris-Tech (NASDAQ:MTEKW) Trading Up 28% – Here’s What Happened

Shares of Maris-Tech Ltd. (NASDAQ:MTEKWGet Free Report) rose 28% on Thursday . The stock traded as high as $1.32 and last traded at $0.84. Approximately 57,159 shares traded hands during mid-day trading, an increase of 238% from the average daily volume of 16,903 shares. The stock had previously closed at $0.66.

Maris-Tech Trading Up 1.2 %

The firm has a fifty day simple moving average of $0.19 and a 200-day simple moving average of $0.13.

Maris-Tech Company Profile

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Maris-Tech Ltd. designs and manufactures digital video and audio hardware and software solutions for the professionals, civilian and home security, and defense and homeland security markets in Israel, the United Kingdom, Australia, the United States, and internationally. The company offers low latency video encoding and decoding platform to handle multiple video channels; dual channel low power encoder systems; miniature recording and streaming platforms; miniature intelligent video surveillance solutions; power and modular video encoding/decoding platform; and ultra-low-latency streaming solutions.

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