Tel-Instrument Electronics (OTCMKTS:TIKK) Posts Earnings Results

Tel-Instrument Electronics (OTCMKTS:TIKK) announced its earnings results on Thursday. The company reported ($0.17) EPS for the quarter, Zacks reports. Tel-Instrument Electronics had a negative net margin of 3.23% and a negative return on equity of 105.05%. The business had revenue of $2.97 million for the quarter.

Tel-Instrument Electronics Stock Performance

Shares of OTCMKTS:TIKK remained flat at $3.19 during mid-day trading on Friday. Tel-Instrument Electronics has a 1-year low of $1.60 and a 1-year high of $3.37. The business’s 50-day moving average is $2.96 and its 200 day moving average is $2.76. The company has a market capitalization of $10.40 million, a P/E ratio of -15.95 and a beta of 0.50.

Tel-Instrument Electronics Company Profile

Tel-Instrument Electronics Corp. engages in designing, manufacturing, and sales of avionics test and measurement instruments for the commercial air transport, general aviation, and government/military aerospace and defense markets in the United States and internationally. It operates through two segments, Avionics Government and Avionics Commercial.