Electro-Sensors (NASDAQ:ELSE) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Electro-Sensors, Inc. (NASDAQ:ELSE)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.45 and traded as low as $4.40. Electro-Sensors shares last traded at $4.4540, with a volume of 2,832 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of Electro-Sensors in a research report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.

Electro-Sensors Trading Up 0.5%

The stock has a 50 day simple moving average of $4.36 and a 200-day simple moving average of $4.45. The firm has a market capitalization of $15.72 million, a P/E ratio of 49.49 and a beta of 0.08.

Electro-Sensors (NASDAQ:ELSE) last released its quarterly earnings results on Monday, March 30th. The scientific and technical instruments company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $2.76 million during the quarter. Electro-Sensors had a return on equity of 2.10% and a net margin of 3.02%.

Electro-Sensors Company Profile

Electro-Sensors, Inc engages in the manufacture and selling of industrial production monitoring and process control systems. Its products include shaft speed witches; wireless hazard monitoring; temperature sensor; slide gate and angle position; bearing sensors and belt alignment; and motor drive control. The company was founded by James P. Slattery in 1965 and is headquartered in Minnetonka, MN.