TheStreet downgraded shares of Electro-Sensors (NASDAQ:ELSE) from a b- rating to a c+ rating in a research note released on Friday, TheStreetRatingsTable reports.

Separately, ValuEngine upgraded Electro-Sensors from a hold rating to a buy rating in a research note on Wednesday, November 13th.

Electro-Sensors stock traded up $0.20 during midday trading on Friday, reaching $3.75. The company’s stock had a trading volume of 500 shares, compared to its average volume of 1,837. The stock’s 50-day simple moving average is $3.81 and its 200-day simple moving average is $3.64. Electro-Sensors has a 52-week low of $3.11 and a 52-week high of $4.01. The stock has a market capitalization of $12.05 million, a P/E ratio of 71.00 and a beta of 0.26.

Electro-Sensors (NASDAQ:ELSE) last released its quarterly earnings results on Tuesday, November 12th. The scientific and technical instruments company reported $0.01 EPS for the quarter. Electro-Sensors had a return on equity of 1.09% and a net margin of 1.70%. The company had revenue of $2.05 million during the quarter.

A hedge fund recently bought a new stake in Electro-Sensors stock. Citadel Advisors LLC purchased a new stake in Electro-Sensors, Inc. (NASDAQ:ELSE) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 14,260 shares of the scientific and technical instruments company’s stock, valued at approximately $47,000. Citadel Advisors LLC owned about 0.42% of Electro-Sensors as of its most recent filing with the Securities & Exchange Commission. 5.76% of the stock is owned by hedge funds and other institutional investors.

About Electro-Sensors

Electro-Sensors, Inc manufactures and sells industrial production monitoring and process control systems. It manufactures and sells various monitoring systems that measure machine production and operation rates, as well as systems that regulate the speed of related machines in production processes. The company's speed monitoring systems include a line of products that measure production counts or rates, such as parts, gallons, or board feet; and alarm systems, tachometers, and other devices that translate impulses from the sensors.

See Also: Understanding Market Liquidity

Receive News & Ratings for Electro-Sensors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Electro-Sensors and related companies with MarketBeat.com's FREE daily email newsletter.