Socket Mobile (NASDAQ:SCKT) Stock Price Passes Below 50-Day Moving Average of $2.39

Socket Mobile, Inc. (NASDAQ:SCKT) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $2.39 and traded as low as $2.50. Socket Mobile shares last traded at $2.50, with a volume of 230 shares.

The stock has a fifty day moving average price of $2.40. The company has a quick ratio of 0.82, a current ratio of 1.28 and a debt-to-equity ratio of 0.10.

Socket Mobile (NASDAQ:SCKT) last posted its quarterly earnings data on Thursday, July 25th. The company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $5.06 million for the quarter. Socket Mobile had a negative return on equity of 0.61% and a negative net margin of 0.42%.

About Socket Mobile (NASDAQ:SCKT)

Socket Mobile, Inc produces data capture products for mobile applications used in business mobility markets in the United States, Europe, Asia, and internationally. The company's products are incorporated into mobile applications used in mobile point of sale, enterprise mobility, asset tracking, control systems, logistics, event management, medical, and education.

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