Electro-Sensors, Inc. (NASDAQ:ELSE – Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $7.54 and traded as high as $7.67. Electro-Sensors shares last traded at $7.67, with a volume of 2,616 shares changing hands.
Analysts Set New Price Targets
Separately, Weiss Ratings downgraded Electro-Sensors from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 29th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.
Check Out Our Latest Research Report on ELSE
Electro-Sensors Stock Up 0.6%
Electro-Sensors (NASDAQ:ELSE – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The scientific and technical instruments company reported ($0.03) EPS for the quarter. Electro-Sensors had a net margin of 2.42% and a return on equity of 1.73%. The company had revenue of $2.58 million for the quarter.
About Electro-Sensors
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.
Featured Stories
- Five stocks we like better than Electro-Sensors
- AirJoule Unveils Prime System, Clearing Path to Commercialization
- Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks
- Nike Q4 Beat Masks Core Weakness as Analysts Cut Price Targets
- Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case
Receive News & Ratings for Electro-Sensors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Electro-Sensors and related companies with MarketBeat.com's FREE daily email newsletter.
