SecureAlert (OTCMKTS:TRCK) Stock Price Down 10.4% – Time to Sell?

SecureAlert Inc. (OTCMKTS:TRCK) shares dropped 10.4% during trading on Tuesday. The stock traded as low as $0.4121 and last traded at $0.4121. Approximately 32,339 shares traded hands during mid-day trading, an increase of 2,003% from the average session volume of 1,538 shares. The stock had previously closed at $0.46.

SecureAlert Price Performance

The firm has a market capitalization of $18.98 million, a P/E ratio of 0.70 and a beta of 0.68. The firm’s 50-day moving average is $0.48 and its 200 day moving average is $0.54. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.86 and a current ratio of 1.94.

SecureAlert (OTCMKTS:TRCK) last announced its earnings results on Friday, August 14th. The company reported $0.68 earnings per share for the quarter. The firm had revenue of $9.09 million during the quarter. SecureAlert had a net margin of 59.19% and a negative return on equity of 507.05%.

About SecureAlert

SecureAlert is a provider of GPS-enabled personal safety and electronic monitoring solutions. The company’s technology is designed to help monitor the location and status of individuals while supporting rapid communication and emergency response. Its product and service offerings have included mobile personal emergency response devices, GPS tracking systems, and monitoring programs for individuals under community supervision. These solutions have been associated with applications in corrections, law enforcement, offender monitoring, and personal security.