SCI Engineered Materials (OTCMKTS:SCIA) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

SCI Engineered Materials Inc. (OTCMKTS:SCIA)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $7.56 and traded as high as $9.08. SCI Engineered Materials shares last traded at $9.00, with a volume of 2,769 shares.

SCI Engineered Materials Trading Down 1.5%

The firm’s 50-day moving average price is $7.56 and its 200-day moving average price is $6.36. The stock has a market capitalization of $40.05 million, a PE ratio of 15.25 and a beta of 1.08.

SCI Engineered Materials (OTCMKTS:SCIA) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.26 EPS for the quarter. The firm had revenue of $9.49 million during the quarter. SCI Engineered Materials had a net margin of 8.97% and a return on equity of 18.52%.

SCI Engineered Materials Company Profile

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.