Winland Electronics (OTCMKTS:WELX) Share Price Breaks Above 50-Day Moving Average – Here’s Why

Winland Electronics Inc. (OTCMKTS:WELX – Get Free Report)’s share price crossed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $2.60 and traded as high as $3.2868. Winland Electronics shares last traded at $3.2868, with a volume of 5,756 shares.

Winland Electronics Stock Down 1.4%

The stock has a fifty day simple moving average of $2.63 and a 200-day simple moving average of $2.41. The company has a market capitalization of $17.44 million, a P/E ratio of -6.86 and a beta of 1.18.

Winland Electronics (OTCMKTS:WELX – Get Free Report) last announced its earnings results on Friday, July 31st. The technology company reported ($0.13) earnings per share (EPS) for the quarter. The company had revenue of $1.64 million for the quarter.

Winland Electronics Company Profile

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Winland Electronics, Inc develops and manufactures environmental monitoring equipment designed to detect and report conditions that could threaten property, inventory, equipment, or facilities. Its products are intended to help users monitor conditions such as temperature, humidity, water leaks, power loss, and changes in monitored areas.

The company’s product offerings have included the EnviroAlert line of environmental monitoring systems, along with sensors and related accessories. These systems can be used in applications such as security monitoring, refrigeration and food storage, server rooms, healthcare facilities, industrial environments, and other locations where changes in environmental conditions require notification.

Winland Electronics has historically operated as a provider of specialized electronic monitoring solutions, distributing its products through security, alarm, and other technology-related channels.

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