Sono-Tek Co. (NASDAQ:SOTK – Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.35 and traded as low as $3.80. Sono-Tek shares last traded at $3.95, with a volume of 30,570 shares.
Sono-Tek Trading Down 2.6 %
The stock’s fifty day moving average price is $4.04 and its 200-day moving average price is $4.35. The firm has a market cap of $62.21 million, a price-to-earnings ratio of 39.50 and a beta of -0.28.
Sono-Tek (NASDAQ:SOTK – Get Free Report) last announced its quarterly earnings results on Thursday, July 11th. The industrial products company reported $0.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.01. The business had revenue of $5.03 million during the quarter, compared to the consensus estimate of $4.93 million. Sono-Tek had a net margin of 8.14% and a return on equity of 10.69%. Analysts predict that Sono-Tek Co. will post 0.07 earnings per share for the current year.
Institutional Trading of Sono-Tek
About Sono-Tek
Sono-Tek Corporation designs and manufactures ultrasonic coating systems for applying on parts and components for the microelectronics/electronics, alternative energy, medical, industrial, and research and development/other markets worldwide. The company also designs and manufactures custom-engineered ultrasonic coating systems; and provides nozzles and generators for manufacturers' equipment.
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