SCI Engineered Materials (OTCMKTS:SCIA) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

SCI Engineered Materials Inc. (OTCMKTS:SCIA) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $7.55 and traded as low as $6.6650. SCI Engineered Materials shares last traded at $6.97, with a volume of 3,756 shares.

SCI Engineered Materials Trading Up 4.0%

The company has a market capitalization of $31.02 million, a price-to-earnings ratio of 17.00 and a beta of 1.11. The stock’s fifty day simple moving average is $7.55 and its 200-day simple moving average is $6.11.

SCI Engineered Materials (OTCMKTS:SCIA) last posted its quarterly earnings results on Friday, May 1st. The company reported $0.10 EPS for the quarter. SCI Engineered Materials had a net margin of 7.82% and a return on equity of 13.46%. The business had revenue of $8.16 million during the quarter.

About SCI Engineered Materials

SCI Engineered Materials, Inc engages in the manufacture and supply of materials for physical vapor deposition thin film applications in the United States. It offers ceramic targets, metal sputtering targets, and backing plates for use in semiconductors, thin film solar, flat panel displays, defense, aerospace, and photonics industries. The company’s materials are used to produce nano layers of metals and oxides for advanced material systems; and in applying decorative coatings for end uses, such as sink faucets to produce various electronic, photonic, and semiconductor products.