Tel-Instrument Electronics Corp. (NYSEAMERICAN:TIK – Get Free Report) shares shot up 4% during mid-day trading on Thursday . The company traded as high as $1.56 and last traded at $1.56. 408 shares traded hands during trading, a decline of 99% from the average session volume of 59,685 shares. The stock had previously closed at $1.50.
Tel-Instrument Electronics Price Performance
The company’s 50-day moving average is $2.95 and its two-hundred day moving average is $3.31.
About Tel-Instrument Electronics
Tel-Instrument Electronics, Inc designs and manufactures high-reliability interconnect and electromechanical products primarily for aerospace, defense and industrial instrumentation markets. The company’s offerings include MIL-DTL-38999 and MIL-DTL-83513 circular connectors, filtered and hermetically sealed connectors, custom cable and wiring harness assemblies, as well as environmental shielding and grounding components. These products are engineered to meet stringent performance, durability and safety standards required by military, avionics and space applications.
In addition to interconnect solutions, Tel-Instrument Electronics produces ruggedized power supplies, converters and sensor interfaces for use in mission-critical systems.
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