Tel-Instrument Electronics (OTCMKTS:TIKK) Rating Increased to Hold at ValuEngine

Tel-Instrument Electronics (OTCMKTS:TIKK) was upgraded by ValuEngine from a “sell” rating to a “hold” rating in a report issued on Monday, ValuEngine reports.

OTCMKTS TIKK opened at $3.20 on Monday. Tel-Instrument Electronics has a twelve month low of $2.20 and a twelve month high of $3.60. The stock has a market capitalization of $10.32 million, a PE ratio of 23.46 and a beta of 0.90. The stock has a 50-day simple moving average of $3.07 and a 200 day simple moving average of $2.87.

Tel-Instrument Electronics (OTCMKTS:TIKK) last issued its quarterly earnings results on Wednesday, August 14th. The company reported $0.05 earnings per share (EPS) for the quarter. Tel-Instrument Electronics had a negative return on equity of 25.93% and a net margin of 8.88%. The firm had revenue of $3.31 million for the quarter.

About Tel-Instrument Electronics

Tel-Instrument Electronics Corp. designs, manufactures, and sells avionics test and measurement solutions for the commercial air transport, general aviation, and government/military aerospace and defense markets in the United States and internationally. It operates in two segments, Avionics Government and Avionics Commercial.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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