Environmental Tectonics (OTCMKTS:ETCC) Shares Pass Below 200-Day Moving Average – Here’s What Happened

Shares of Environmental Tectonics Co. (OTCMKTS:ETCC) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $2.04 and traded as low as $1.57. Environmental Tectonics shares last traded at $1.60, with a volume of 21,778 shares changing hands.

Environmental Tectonics Stock Down 9.6 %

The firm has a 50-day simple moving average of $2.14 and a 200-day simple moving average of $2.03. The stock has a market cap of $13.48 million, a PE ratio of 2.96 and a beta of 0.42.

Environmental Tectonics (OTCMKTS:ETCC) last issued its quarterly earnings results on Friday, January 10th. The aerospace company reported $0.14 earnings per share for the quarter. Environmental Tectonics had a negative return on equity of 98.37% and a net margin of 13.74%.

Environmental Tectonics Company Profile

Environmental Tectonics Corporation, together with its subsidiaries, operates as an engineered solutions company in the United States and internationally. It operates in two segments, Aerospace Solutions (Aerospace) and Commercial/Industrial Systems (CIS). The Aerospace segment engages in the design, manufacture, and sale of aircrew training systems to commercial, governmental, and military defense agencies; training devices, including altitude and multiplace chambers to governmental and military defense agencies, and civil aviation organizations; and advanced disaster management simulators to governmental organizations, original equipment manufacturers, fire and emergency training schools, universities, and airports, as well as provides integrated logistics support services.