Track Group (OTCMKTS:TRCK) Shares Down 39.2% – Should You Sell?

Track Group, Inc. (OTCMKTS:TRCKGet 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:TRCKGet 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

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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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