Maris-Tech (NASDAQ:MTEK) Trading Down 16.7% – Should You Sell?

Maris-Tech Ltd. (NASDAQ:MTEK) shares were down 16.7% during trading on Monday . The company traded as low as $2.05 and last traded at $2.15. Approximately 83,926 shares changed hands during trading, a decline of 0% from the average daily volume of 84,051 shares. The stock had previously closed at $2.58.

Maris-Tech Stock Performance

The company has a debt-to-equity ratio of 0.04, a current ratio of 3.57 and a quick ratio of 2.88. The stock has a 50-day moving average of $2.67 and a 200 day moving average of $2.68.

Institutional Investors Weigh In On Maris-Tech

An institutional investor recently bought a new position in Maris-Tech stock. IFP Advisors Inc bought a new position in shares of Maris-Tech Ltd. (NASDAQ:MTEK) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,873 shares of the company’s stock, valued at approximately $35,000. IFP Advisors Inc owned approximately 0.09% of Maris-Tech as of its most recent SEC filing. Institutional investors own 0.55% of the company’s stock.

Maris-Tech Company Profile

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.