Plaintree Systems (OTCMKTS:PTEEF) Posts Quarterly Earnings Results

Plaintree Systems (OTCMKTS:PTEEF) posted its quarterly earnings results on Wednesday. The company reported $0.06 earnings per share for the quarter, Zacks reports. Plaintree Systems had a negative net margin of 3.96% and a negative return on equity of 682.73%. The business had revenue of $2.55 million during the quarter.

Plaintree Systems Price Performance

Shares of OTCMKTS PTEEF opened at $0.03 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.93 and a current ratio of 1.63. Plaintree Systems has a 52-week low of $0.03 and a 52-week high of $0.07. The firm has a 50 day moving average price of $0.03 and a 200 day moving average price of $0.03. The stock has a market cap of $384,021.00, a P/E ratio of 0.33 and a beta of 0.11.

About Plaintree Systems

Plaintree Systems Inc designs, develops, manufactures, markets, and supports electronic products and specialty structural products in Canada, the United States, and internationally. The company manufactures avionic components for various applications, including aircraft antiskid braking, aircraft indicators, solenoids, and permanent magnet alternators; and operates as a design/build manufacturer of steel, aluminum, and stainless-steel specialty structures comprising commercial domes, free form structures, barrel vaults, space frames, and industrial dome coverings.