Maris-Tech (NASDAQ:MTEK) Stock Price Down 1.7% – Should You Sell?

Shares of Maris-Tech Ltd. (NASDAQ:MTEK) were down 1.7% during trading on Tuesday . The stock traded as low as $2.25 and last traded at $2.29. Approximately 42,548 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 83,259 shares. The stock had previously closed at $2.33.

Maris-Tech Price 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 firm has a 50-day moving average of $2.13 and a 200 day moving average of $2.74.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. AMH Equity Ltd raised its stake in Maris-Tech by 5.5% during the first quarter. AMH Equity Ltd now owns 770,000 shares of the company’s stock worth $1,656,000 after acquiring an additional 40,000 shares in the last quarter. XTX Topco Ltd bought a new position in Maris-Tech during the first quarter worth about $33,000. Finally, IFP Advisors Inc bought a new position in Maris-Tech during the fourth quarter worth about $35,000. 0.55% of the stock is currently owned by institutional investors and hedge funds.

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.