SCI Engineered Materials (OTCMKTS:SCIA) Trading Down 1% – Here’s What Happened

SCI Engineered Materials Inc. (OTCMKTS:SCIA) fell 1% during mid-day trading on Friday . The company traded as low as $5.56 and last traded at $5.56. 1,217 shares traded hands during trading, a decline of 52% from the average session volume of 2,513 shares. The stock had previously closed at $5.6145.

SCI Engineered Materials Trading Down 1.0%

The company has a market capitalization of $25.48 million, a price-to-earnings ratio of 15.89 and a beta of 0.90. The firm has a 50-day simple moving average of $5.17 and a two-hundred day simple moving average of $4.54.

SCI Engineered Materials (OTCMKTS:SCIA) last announced its quarterly earnings results on Friday, October 31st. The company reported $0.11 earnings per share for the quarter. SCI Engineered Materials had a return on equity of 11.99% and a net margin of 9.25%.The company had revenue of $5.29 million during the quarter.

About SCI Engineered Materials

SCI Engineered Materials, Inc engages in the manufacture and supply of materials for physical vapor deposition thin film applications in the United States. It offers ceramic targets, metal sputtering targets, and backing plates for use in semiconductors, thin film solar, flat panel displays, defense, aerospace, and photonics industries. The company’s materials are used to produce nano layers of metals and oxides for advanced material systems; and in applying decorative coatings for end uses, such as sink faucets to produce various electronic, photonic, and semiconductor products.