Electro-Sensors (NASDAQ:ELSE) Stock Price Crosses Below 50-Day Moving Average of $3.36

Electro-Sensors, Inc. (NASDAQ:ELSE)’s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $3.36 and traded as low as $3.70. Electro-Sensors shares last traded at $3.70, with a volume of 2 shares traded.

Separately, TheStreet upgraded Electro-Sensors from a “d+” rating to a “c” rating in a research report on Friday, May 24th.

The company has a market cap of $12.02 million, a PE ratio of 59.00 and a beta of 0.36. The company has a 50-day simple moving average of $3.36.

Electro-Sensors (NASDAQ:ELSE) last issued its quarterly earnings data on Monday, May 13th. The scientific and technical instruments company reported ($0.01) earnings per share (EPS) for the quarter. Electro-Sensors had a return on equity of 1.27% and a net margin of 2.07%. The business had revenue of $2.01 million during the quarter.

About Electro-Sensors (NASDAQ:ELSE)

Electro-Sensors, Inc manufactures and sells industrial production monitoring and process control systems. It manufactures and sells various monitoring systems that measure machine production and operation rates, as well as systems that regulate the speed of related machines in production processes. The company's speed monitoring systems include a line of products that measure production counts or rates, such as parts, gallons, or board feet; and alarm systems, tachometers, and other devices that translate impulses from the sensors.

Further Reading: Gross Domestic Product (GDP)

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