Espey Manufacturing & Electronics (NYSEAMERICAN:ESP) posted its quarterly earnings data on Thursday. The company reported $0.10 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The firm had revenue of $7.29 million for the quarter.
Shares of NYSEAMERICAN:ESP traded up $0.70 during midday trading on Friday, reaching $22.72. The company had a trading volume of 101 shares, compared to its average volume of 1,734. The stock has a 50 day simple moving average of $24.88. Espey Manufacturing & Electronics has a 52-week low of $20.00 and a 52-week high of $27.00.
Separately, TheStreet downgraded shares of Espey Manufacturing & Electronics from a “b-” rating to a “c” rating in a report on Wednesday, December 4th.
Espey Mfg. & Electronics Corp., a power electronics design and original equipment manufacturing company, designs, manufactures, and tests electronic equipment primarily for use in military and industrial applications in the United States and internationally. The company's principal products include power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, UPS systems, antennas, and high power radar systems for use in AC and DC locomotives, shipboard power, shipboard radar, airborne power, ground-based radar, and ground mobile power applications.
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