Tel-Instrument Electronics Corp. (NYSEAMERICAN:TIK – Get Free Report) traded down 13.3% on Wednesday . The stock traded as low as $1.30 and last traded at $1.30. 2,000 shares traded hands during trading, a decline of 97% from the average daily volume of 59,685 shares. The stock had previously closed at $1.50.
Tel-Instrument Electronics Price Performance
The stock’s 50-day simple moving average is $1.39 and its two-hundred day simple moving average is $1.80.
Tel-Instrument Electronics Company Profile
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.
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