Sevcon (SEV) Releases Quarterly Earnings
Sevcon (NYSE:SEV) posted its quarterly earnings results on Tuesday. The company reported $0.14 earnings per share for the quarter, American Banking and Market News reports.
Shares of Sevcon (NYSE:SEV) traded up 2.19% during mid-day trading on Tuesday, hitting $7.45. The stock had a trading volume of 6,254 shares. Sevcon has a 52-week low of $3.40 and a 52-week high of $9.00. The stock’s 50-day moving average is $6.87 and its 200-day moving average is $5.48. The company’s market cap is $25.1 million.
Sevcon, Inc, formerly Tech/Ops Sevcon, Inc, is engaged in the electronic controls business. Through wholly owned subsidiaries located in the United States, England, France, South Korea and Japan, the Company designs and sells, under the Sevcon name, microprocessor based controls for zero emission and hybrid electric vehicles.
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