SCI Engineered Materials (OTCMKTS:SCIA) Stock Passes Above 50-Day Moving Average – Time to Sell?

SCI Engineered Materials Inc. (OTCMKTS:SCIA)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $5.10 and traded as high as $8.47. SCI Engineered Materials shares last traded at $7.45, with a volume of 40,454 shares traded.

SCI Engineered Materials Stock Down 9.9%

The stock has a market cap of $33.15 million, a PE ratio of 18.17 and a beta of 0.90. The firm has a fifty day moving average of $5.10 and a 200 day moving average of $5.15.

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

About SCI Engineered Materials

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.