Winland Electronics (OTCMKTS:WELX) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Winland Electronics Inc. (OTCMKTS:WELX) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $2.34 and traded as high as $2.60. Winland Electronics shares last traded at $2.60, with a volume of 4,244 shares traded.

Winland Electronics Stock Up 1.9%

The firm has a market capitalization of $13.46 million, a price-to-earnings ratio of -5.30 and a beta of 1.27. The firm’s 50 day moving average is $2.35 and its 200 day moving average is $2.34.

Winland Electronics (OTCMKTS:WELX) last posted its quarterly earnings results on Friday, July 31st. The technology company reported ($0.13) earnings per share (EPS) for the quarter. The business had revenue of $1.64 million for the quarter.

Winland Electronics Company Profile

Winland Holdings Corporation, through its subsidiaries, provides critical condition monitoring devices to the security industry. Its products are used to protect against loss of assets due to damage from water, excess humidity, extremes of temperature, and loss of power. The company offers EnviroAlert, which monitors temperature, humidity, and/or water presence in critical environments; TempAlert, a temperature monitoring device for residential and commercial environments through security systems; WaterBug, a water presence and leak detection system; and Power-Out Alert, a power outage detector.