SCI Engineered Materials (OTCMKTS:SCIA) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

SCI Engineered Materials Inc. (OTCMKTS:SCIA)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $7.55 and traded as low as $6.6650. SCI Engineered Materials shares last traded at $6.97, with a volume of 3,756 shares trading hands.

SCI Engineered Materials Stock Performance

The firm’s 50-day moving average price is $7.55 and its two-hundred day moving average price is $6.11. The firm has a market cap of $31.02 million, a PE ratio of 17.00 and a beta of 1.11.

SCI Engineered Materials (OTCMKTS:SCIA) last posted its earnings results on Friday, May 1st. The company reported $0.10 EPS for the quarter. SCI Engineered Materials had a net margin of 7.82% and a return on equity of 13.46%. The firm had revenue of $8.16 million for the quarter.

SCI Engineered Materials Company Profile

SCI Engineered Materials, Inc engages in the manufacture and supply of materials for physical vapor deposition thin film applications in the United States. It offers ceramic targets, metal sputtering targets, and backing plates for use in semiconductors, thin film solar, flat panel displays, defense, aerospace, and photonics industries. The company’s materials are used to produce nano layers of metals and oxides for advanced material systems; and in applying decorative coatings for end uses, such as sink faucets to produce various electronic, photonic, and semiconductor products.