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

Tel-Instrument Electronics (OTCMKTS:TIKK) released its quarterly earnings results on Thursday. The company reported ($0.17) earnings per share 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%.

Tel-Instrument Electronics Price Performance

OTCMKTS:TIKK opened at $3.19 on Friday. The firm has a market capitalization of $10.40 million, a price-to-earnings ratio of -15.95 and a beta of 0.50. The stock has a fifty day simple moving average of $2.96 and a 200 day simple moving average of $2.76. Tel-Instrument Electronics has a 1-year low of $1.60 and a 1-year high of $3.37.

About Tel-Instrument Electronics

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.