Solis Tek Inc. (SLTK) Releases Earnings Results
Solis Tek Inc. (OTCMKTS:SLTK) released its earnings results on Tuesday. The company reported ($0.04) EPS for the quarter, Bloomberg Earnings reports. Solis Tek had a negative return on equity of 380.12% and a negative net margin of 64.05%.
Shares of Solis Tek (OTCMKTS:SLTK) traded up $0.06 during trading hours on Wednesday, hitting $1.37. The stock had a trading volume of 138,745 shares, compared to its average volume of 90,559. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.14 and a current ratio of 2.17. Solis Tek has a 1 year low of $0.25 and a 1 year high of $3.44.
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Solis Tek Inc, formerly Cinjet, Inc, is an importer, distributer and marketer of digital lighting equipment for the hydroponics industry. The Company provides aptitudes with its ballast, reflector and lamp products. The Company is focused on the research, design, development and manufacturing of indoor horticulture lighting and ancillary equipment.
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