Tel-Instrument Electronics (OTCMKTS:TIKK) Cut to “Hold” at ValuEngine

ValuEngine lowered shares of Tel-Instrument Electronics (OTCMKTS:TIKK) from a buy rating to a hold rating in a report released on Wednesday morning, ValuEngine reports.

Shares of TIKK stock opened at $4.10 on Wednesday. The stock has a 50 day moving average of $3.83 and a 200 day moving average of $3.34. The stock has a market cap of $13.88 million, a P/E ratio of 8.72 and a beta of 1.00. Tel-Instrument Electronics has a twelve month low of $2.20 and a twelve month high of $4.99.

Tel-Instrument Electronics (OTCMKTS:TIKK) last announced its quarterly earnings results on Wednesday, November 13th. The company reported $0.11 earnings per share for the quarter. The company had revenue of $3.91 million during the quarter. Tel-Instrument Electronics had a negative return on equity of 53.87% and a net margin of 13.72%.

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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