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Echelon Corp. (NASDAQ:ELON) set a new 52-week high during mid-day trading on Tuesday, Stock Ratings Network reports. The stock traded as high as $3.19 and last traded at $2.62, with a volume of 2,302,106 shares. The stock had previously closed at $2.27.

Echelon Corp. has a 52-week low of $1.99 and a 52-week high of $2.97. The stock has a 50-day moving average of $2.17 and a 200-day moving average of $2.23. The company’s market cap is $131.6 million.

Echelon Corp. (NASDAQ:ELON) last released its earnings data on Thursday, November 7th. The company reported ($0.06) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.10) by $0.04. The company had revenue of $18.00 million for the quarter, compared to the consensus estimate of $17.53 million. During the same quarter in the prior year, the company posted ($0.06) earnings per share. The company’s quarterly revenue was down 38.1% on a year-over-year basis. Analysts expect that Echelon Corp. will post $-0.44 EPS for the current fiscal year.

Echelon Corporation (NASDAQ:ELON) develops, markets and supports an open standard, multi-application energy control networking platform.

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