Track Group, Inc. (OTCMKTS:TRCK – Get Free Report)’s stock price dropped 39.2% on Wednesday . The company traded as low as $0.01 and last traded at $0.11. Approximately 32,628 shares changed hands during mid-day trading, an increase of 411% from the average daily volume of 6,379 shares. The stock had previously closed at $0.18.
Track Group Stock Performance
The company has a market capitalization of $1.30 million, a P/E ratio of -0.33 and a beta of 1.31. The company’s fifty day simple moving average is $0.19 and its 200-day simple moving average is $0.23.
Track Group (OTCMKTS:TRCK – Get Free Report) last announced its quarterly earnings results on Friday, August 9th. The company reported $0.13 earnings per share for the quarter. The firm had revenue of $9.19 million during the quarter. Track Group had a negative net margin of 11.24% and a negative return on equity of 18.41%.
About Track Group
Track Group, Inc, together with its subsidiaries, designs, manufactures, and markets location tracking devices in the United States, Latin America, and internationally. The company's products include ReliAlert XC4, a GPS monitoring device; and ReliAlert XC 3, which enables agencies to track offender movements and communicate directly with offenders in real-time through on-board two/three-way voice communication technology.
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