Measurement Specialties Inc. Reaches New 12-Month High at $50.19 (MEAS)
Measurement Specialties (NASDAQ:MEAS)’s share price reached a new 52-week high during mid-day trading on Wednesday, Stock Ratings Network.com reports. The stock traded as high as $50.19 and last traded at $50.12, with a volume of 58,718 shares traded. The stock had previously closed at $49.87.
Measurement Specialties has a one year low of $28.77 and a one year high of $50.56. The stock has a 50-day moving average of $48.3 and a 200-day moving average of $44.36. The company has a market cap of $793.2 million and a price-to-earnings ratio of 23.30.
Measurement Specialties (NASDAQ:MEAS) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.03. The company had revenue of $100.50 million for the quarter, compared to the consensus estimate of $98.00 million. During the same quarter in the previous year, the company posted $0.53 earnings per share. The company’s revenue for the quarter was up 13.4% on a year-over-year basis. On average, analysts predict that Measurement Specialties will post $2.25 earnings per share for the current fiscal year.
Measurement Specialties, Inc is engaged in the design, development and manufacture of sensors and sensor-based systems for original equipment manufacturers (NASDAQ:MEAS) and end users, based on a range of technology and characterized by the MEAS brand name.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.