Maris-Tech (NASDAQ:MTEK) Lowered to “Strong Sell” Rating by Wall Street Zen

Maris-Tech (NASDAQ:MTEK) was downgraded by Wall Street Zen to a “strong sell” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Maris-Tech in a research note on Tuesday. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Maris-Tech Stock Up 3.8%

NASDAQ:MTEK opened at $1.38 on Friday. The firm’s fifty day moving average is $1.56 and its 200-day moving average is $1.52. Maris-Tech has a 52 week low of $1.03 and a 52 week high of $4.27.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of MTEK. XTX Topco Ltd acquired a new position in shares of Maris-Tech during the 4th quarter valued at $33,000. Jane Street Group LLC acquired a new position in shares of Maris-Tech during the 2nd quarter valued at $66,000. Finally, Osaic Holdings Inc. lifted its position in shares of Maris-Tech by 300.0% during the 2nd quarter. Osaic Holdings Inc. now owns 33,600 shares of the company’s stock valued at $108,000 after acquiring an additional 25,200 shares during the period. Institutional investors and hedge funds 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.