Servotronics (NYSEAMERICAN:SVT) Posts Quarterly Earnings Results

Servotronics (NYSEAMERICAN:SVT) posted its quarterly earnings data on Monday. The conglomerate reported ($0.64) earnings per share (EPS) for the quarter, RTT News reports. Servotronics had a net margin of 0.30% and a return on equity of 2.85%. During the same quarter in the prior year, the firm earned ($4.37) earnings per share.

Servotronics Stock Up 6.3 %

Shares of NYSEAMERICAN:SVT opened at $11.22 on Wednesday. The company has a market capitalization of $28.61 million, a PE ratio of 224.44 and a beta of 0.51. Servotronics has a 1-year low of $10.16 and a 1-year high of $13.75. The business’s 50 day simple moving average is $10.79.

Servotronics Company Profile

Servotronics, Inc designs, manufactures, and markets servo-control components and other technology products for aerospace, military, and medical applications in the United States and internationally. It offers high-performance servo valves, including torque motor, hydraulic, and pneumatic valves. The company offers its products to products are sold to commercial aerospace, government, medical, and industrial markets.