SCI Engineered Materials (OTCMKTS:SCIA) Stock Price Crosses Below 50 Day Moving Average – What’s Next?

SCI Engineered Materials, Inc. (OTCMKTS:SCIA) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $4.87 and traded as low as $4.75. SCI Engineered Materials shares last traded at $5.19, with a volume of 579 shares changing hands.

SCI Engineered Materials Stock Up 1.6 %

The company’s fifty day moving average price is $4.87 and its 200 day moving average price is $5.20. The company has a market capitalization of $23.72 million, a P/E ratio of 11.77 and a beta of 0.92.

SCI Engineered Materials (OTCMKTS:SCIA) last announced its earnings results on Friday, November 1st. The company reported $0.08 EPS for the quarter. SCI Engineered Materials had a net margin of 8.04% and a return on equity of 16.98%. The company had revenue of $3.88 million for 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.