Winland Electronics (OTCMKTS:WELX) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

Shares of Winland Electronics Inc. (OTCMKTS:WELX) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.07 and traded as low as $3.51. Winland Electronics shares last traded at $3.58, with a volume of 1,000 shares.

Winland Electronics Stock Down 4.3%

The stock has a market capitalization of $18.15 million, a price-to-earnings ratio of 3.17 and a beta of 1.50. The company’s fifty day simple moving average is $3.56 and its 200 day simple moving average is $4.07.

About Winland Electronics

Winland Holdings Corporation, through its subsidiaries, provides critical condition monitoring devices to the security industry. Its products are used to protect against loss of assets due to damage from water, excess humidity, extremes of temperature, and loss of power. The company offers EnviroAlert, which monitors temperature, humidity, and/or water presence in critical environments; TempAlert, a temperature monitoring device for residential and commercial environments through security systems; WaterBug, a water presence and leak detection system; and Power-Out Alert, a power outage detector.