Tel-Instrument Electronics (NYSEAMERICAN:TIK) Shares Up 23.1% – What’s Next?

Tel-Instrument Electronics Corp. (NYSEAMERICAN:TIKGet Free Report)’s share price rose 23.1% during mid-day trading on Thursday . The company traded as high as $1.60 and last traded at $1.60. Approximately 749 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 59,685 shares. The stock had previously closed at $1.3001.

Tel-Instrument Electronics Price Performance

The company’s 50 day moving average is $1.92 and its 200 day moving average is $2.54.

About Tel-Instrument Electronics

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Tel-Instrument Electronics, Inc designs and manufactures high-reliability interconnect and electromechanical products primarily for aerospace, defense and industrial instrumentation markets. The company’s offerings include MIL-DTL-38999 and MIL-DTL-83513 circular connectors, filtered and hermetically sealed connectors, custom cable and wiring harness assemblies, as well as environmental shielding and grounding components. These products are engineered to meet stringent performance, durability and safety standards required by military, avionics and space applications.

In addition to interconnect solutions, Tel-Instrument Electronics produces ruggedized power supplies, converters and sensor interfaces for use in mission-critical systems.

Further Reading

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