Maris-Tech (NASDAQ:MTEK) Trading Up 1.2%

Maris-Tech Ltd. (NASDAQ:MTEK) was up 1.2% during trading on Friday . The stock traded as high as $1.76 and last traded at $1.74. Approximately 40,169 shares changed hands during trading, a decline of 20% from the average daily volume of 50,250 shares. The stock had previously closed at $1.72.

Maris-Tech Stock Performance

The business’s 50 day moving average price is $1.71 and its two-hundred day moving average price is $1.52. The company has a quick ratio of 2.73, a current ratio of 3.38 and a debt-to-equity ratio of 0.09.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Maris-Tech stock. AMH Equity Ltd purchased a new position in shares of Maris-Tech Ltd. (NASDAQ:MTEK) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 240,870 shares of the company’s stock, valued at approximately $363,000. AMH Equity Ltd owned approximately 3.06% of Maris-Tech at the end of the most recent quarter. 0.55% of the stock is currently owned by institutional investors.

About Maris-Tech

Maris-Tech Ltd. designs and manufactures digital video and audio hardware and software solutions for the professionals, as well as the civilian and home security markets worldwide. The company offers intelligent video surveillance solutions, communication technology products, modular video encoding/decoding platform, ultra-low latency streaming solutions, dual channel low power encoder systems, multi channel encoding streaming and recording platform, miniature recording and streaming platforms, and video encoding and decoding platform.