Tel-Instrument Electronics (NYSEAMERICAN:TIK) Shares Down 68.8% – Here’s What Happened

Tel-Instrument Electronics Corp. (NYSEAMERICAN:TIKGet Free Report)’s stock price was down 68.8% on Monday . The company traded as low as $1.20 and last traded at $1.20. Approximately 104 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 59,685 shares. The stock had previously closed at $3.85.

Tel-Instrument Electronics Stock Down 68.8%

The stock has a fifty day moving average of $3.79 and a 200-day moving average of $3.52.

Tel-Instrument Electronics Company Profile

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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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