Electro-Sensors (NASDAQ:ELSE) posted its quarterly earnings results on Monday. The scientific and technical instruments company reported $0.03 earnings per share for the quarter, Bloomberg Earnings reports. Electro-Sensors had a net margin of 2.07% and a return on equity of 1.27%. The company had revenue of $2.26 million for the quarter.
NASDAQ:ELSE traded up $0.25 during mid-day trading on Tuesday, hitting $3.85. The stock had a trading volume of 14,074 shares, compared to its average volume of 3,392. Electro-Sensors has a 52 week low of $3.11 and a 52 week high of $4.01. The stock has a market capitalization of $13.40 million, a PE ratio of 59.00 and a beta of 0.36. The stock’s 50 day moving average is $3.36.
Separately, TheStreet raised shares of Electro-Sensors from a “d+” rating to a “c” rating in a report on Friday, May 24th.
Electro-Sensors Company Profile
Electro-Sensors, Inc manufactures and sells industrial production monitoring and process control systems. It manufactures and sells various monitoring systems that measure machine production and operation rates, as well as systems that regulate the speed of related machines in production processes. The company's speed monitoring systems include a line of products that measure production counts or rates, such as parts, gallons, or board feet; and alarm systems, tachometers, and other devices that translate impulses from the sensors.
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