Autoscope Technologies (NASDAQ:AATC) Trading Down 2.4% – Here’s Why

Autoscope Technologies Co. (NASDAQ:AATC) shares traded down 2.4% on Thursday . The stock traded as low as $5.25 and last traded at $5.25. 4,700 shares changed hands during mid-day trading, a decline of 3% from the average daily volume of 4,847 shares. The stock had previously closed at $5.38.

Autoscope Technologies Price Performance

The business has a 50-day simple moving average of $5.43 and a 200-day simple moving average of $5.64. The stock has a market cap of $28.95 million, a P/E ratio of 5.97 and a beta of 0.37. The company has a quick ratio of 20.50, a current ratio of 25.70 and a debt-to-equity ratio of 0.09.

About Autoscope Technologies

Autoscope Technologies Corporation develops and markets video and radar processing products for use in intersection control, highway, bridge and tunnel traffic management, and traffic data collection applications in the Asia Pacific, Europe, the Middle East, and North America. It operates in two segments, Intersection and Highway. The company provides Autoscope video systems that process video input from a traffic scene in real time and extracts the traffic data, including vehicle presence, bicycle presence/differentiation, counts, speed, length, time occupancy, turning movements, and flow rate; and RTMS radar systems that use radar to measure vehicle presence, volume, occupancy, speed, and classification information for roadway monitoring applications.