Tel-Instrument Electronics (OTCMKTS:TIKK) Rating Lowered to Sell at ValuEngine

ValuEngine lowered shares of Tel-Instrument Electronics (OTCMKTS:TIKK) from a hold rating to a sell rating in a research note released on Tuesday, ValuEngine reports.

Shares of OTCMKTS TIKK opened at $3.05 on Tuesday. The company has a market capitalization of $10.31 million, a price-to-earnings ratio of 23.85 and a beta of 0.90. The business has a 50-day moving average of $3.08 and a two-hundred day moving average of $2.86. Tel-Instrument Electronics has a 1 year low of $2.20 and a 1 year high of $3.60.

Tel-Instrument Electronics (OTCMKTS:TIKK) last announced its quarterly earnings results on Wednesday, August 14th. The company reported $0.05 earnings per share (EPS) for the quarter. The company had revenue of $3.31 million during the quarter. Tel-Instrument Electronics had a negative return on equity of 25.93% and a net margin of 8.88%.

Tel-Instrument Electronics Company Profile

Tel-Instrument Electronics Corp. designs, manufactures, and sells avionics test and measurement solutions for the commercial air transport, general aviation, and government/military aerospace and defense markets in the United States and internationally. It operates in two segments, Avionics Government and Avionics Commercial.

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