SCI Engineered Materials (OTCMKTS:SCIA) Announces Quarterly Earnings Results

SCI Engineered Materials (OTCMKTS:SCIA) posted its quarterly earnings results on Thursday. The company reported $0.26 earnings per share for the quarter, Zacks reports. SCI Engineered Materials had a return on equity of 13.46% and a net margin of 7.82%.

SCI Engineered Materials Trading Up 24.1%

OTCMKTS:SCIA traded up $1.75 on Thursday, hitting $9.00. 75,070 shares of the company’s stock traded hands, compared to its average volume of 11,391. The company has a market cap of $40.05 million, a PE ratio of 21.95 and a beta of 1.11. SCI Engineered Materials has a 1 year low of $3.80 and a 1 year high of $9.09. The firm has a 50-day moving average price of $7.45 and a 200-day moving average price of $6.21.

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.