SecureAlert (OTCMKTS:TRCK) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

SecureAlert Inc. (OTCMKTS:TRCK) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.32 and traded as low as $0.2810. SecureAlert shares last traded at $0.35, with a volume of 24,000 shares traded.

SecureAlert Trading Down 14.3%

The business has a 50 day moving average price of $0.32 and a 200 day moving average price of $0.30. The company has a market capitalization of $3.56 million, a P/E ratio of -1.88 and a beta of 0.25.

SecureAlert (OTCMKTS:TRCK) last announced its quarterly earnings results on Friday, December 19th. The company reported $0.12 earnings per share (EPS) for the quarter. The company had revenue of $9.10 million for the quarter. SecureAlert had a negative return on equity of 5.94% and a negative net margin of 5.35%.

SecureAlert Company Profile

SecureAlert, trading under the symbol TRCK on the OTC Markets, is a provider of location-based safety and monitoring solutions designed to protect vulnerable populations such as seniors with dementia, children with special needs, and lone workers. The company offers a suite of wearable devices and asset tags that leverage proprietary geo-fencing and real-time tracking technologies. These devices connect to a secure network platform that generates alerts when a user exits a predefined safe zone or when other risk thresholds are breached.

At the core of SecureAlert’s product lineup are compact, wireless tracking units that can be worn or attached to personal belongings.