Electronic Systems Technology (OTCMKTS:ELST) Stock Price Down 10% – Should You Sell?

Electronic Systems Technology, Inc. (OTCMKTS:ELSTGet Free Report) shares were down 10% during mid-day trading on Wednesday . The stock traded as low as $0.17 and last traded at $0.18. Approximately 12,003 shares changed hands during trading, an increase of 135% from the average daily volume of 5,098 shares. The stock had previously closed at $0.20.

Electronic Systems Technology Price Performance

The company’s 50 day simple moving average is $0.21 and its 200 day simple moving average is $0.25.

Electronic Systems Technology (OTCMKTS:ELSTGet Free Report) last issued its quarterly earnings data on Tuesday, October 29th. The technology company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $0.29 million for the quarter. Electronic Systems Technology had a negative return on equity of 20.45% and a negative net margin of 23.84%.

Electronic Systems Technology Company Profile

(Get Free Report)

Electronic Systems Technology, Inc, doing business as ESTeem Wireless Modems, designs, develops, manufactures, and markets industrial wireless products and accessories in the United States and internationally. The company’s ESTeem industrial wireless products provide communication links between computer networks, network enabled devices, and mobile devices without cables.

Further Reading

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