Solitron Devices (OTCMKTS:SODI) Stock Passes Below 50 Day Moving Average – Here’s Why

Solitron Devices, Inc. (OTCMKTS:SODIGet Free Report) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $24.83 and traded as low as $22.00. Solitron Devices shares last traded at $22.30, with a volume of 3,943 shares trading hands.

Solitron Devices Stock Performance

The company’s 50 day simple moving average is $24.76 and its 200-day simple moving average is $23.05.

Solitron Devices (OTCMKTS:SODIGet Free Report) last posted its earnings results on Thursday, May 28th. The company reported $0.34 earnings per share (EPS) for the quarter. The company had revenue of $5.26 million for the quarter.

Solitron Devices Company Profile

(Get Free Report)

Solitron Devices, Inc is a U.S.-based manufacturer and supplier of high-reliability semiconductor components and power-conversion modules. The company specializes in the design, development and marketing of discrete diodes, rectifiers, transient voltage suppressors, power MOSFETs, and integrated circuits tailored for demanding applications. Solitron’s product portfolio also includes solid-state relays, custom power modules, and protection devices engineered to meet stringent performance and reliability standards.

The company’s offerings are widely used in sectors such as aerospace and defense, industrial automation, medical instrumentation, telecommunications, and power management.

Featured Articles

Receive News & Ratings for Solitron Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Solitron Devices and related companies with MarketBeat.com's FREE daily email newsletter.