Share on StockTwits

Elecsys Corporation (NASDAQ:ESYS) was upgraded by analysts at Sidoti from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Thursday, reports.

Shares of Elecsys Corporation (NASDAQ:ESYS) traded up 0.34% during mid-day trading on Thursday, hitting $14.85. The stock had a trading volume of 12,308 shares. Elecsys Corporation has a 52-week low of $5.71 and a 52-week high of $17.44. The stock’s 50-day moving average is $13.27 and its 200-day moving average is $12.98. The company has a market cap of $56.8 million and a price-to-earnings ratio of 23.87.

Elecsys Corporation (NASDAQ:ESYS) last released its earnings data on Monday, July 14th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.09. The company had revenue of $8.70 million for the quarter, compared to the consensus estimate of $7.15 million. On average, analysts predict that Elecsys Corporation will post $0.74 earnings per share for the current fiscal year.

Elecsys Corporation (NASDAQ:ESYS) provides machine to machine (M2M) communication technology solutions, data acquisition systems, management systems, and custom electronic equipment for critical industrial applications worldwide.

The Fly On The Wall

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.