Electro-Sensors (NASDAQ:ELSE) Issues Earnings Results

Electro-Sensors (NASDAQ:ELSE) posted its quarterly earnings results on Thursday. The scientific and technical instruments company reported ($0.03) earnings per share for the quarter, FiscalAI reports. Electro-Sensors had a net margin of 2.42% and a return on equity of 1.74%. The company had revenue of $2.58 million during the quarter.

Electro-Sensors Price Performance

NASDAQ ELSE traded up $0.01 during trading on Friday, reaching $7.65. 9,363 shares of the company’s stock were exchanged, compared to its average volume of 33,531. The business has a 50 day moving average price of $5.49 and a 200-day moving average price of $4.80. The stock has a market capitalization of $26.99 million, a P/E ratio of 95.57 and a beta of 0.64. Electro-Sensors has a fifty-two week low of $3.72 and a fifty-two week high of $7.68.

Electro-Sensors Company Profile

Electro-Sensors, Inc engages in the manufacture and selling of industrial production monitoring and process control systems. Its products include shaft speed witches; wireless hazard monitoring; temperature sensor; slide gate and angle position; bearing sensors and belt alignment; and motor drive control. The company was founded by James P. Slattery in 1965 and is headquartered in Minnetonka, MN.