Winland Electronics (OTCMKTS:WELX) Stock Crosses Above 50-Day Moving Average – What’s Next?

Shares of Winland Electronics Inc. (OTCMKTS:WELX) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $2.45 and traded as high as $3.41. Winland Electronics shares last traded at $3.15, with a volume of 1,882 shares.

Winland Electronics Stock Up 2.8%

The firm has a market cap of $16.71 million, a P/E ratio of -6.58 and a beta of 1.27. The company’s 50 day simple moving average is $2.49 and its 200-day simple moving average is $2.38.

Winland Electronics (OTCMKTS:WELX) last released its earnings results on Friday, July 31st. The technology company reported ($0.13) EPS for the quarter. The firm had revenue of $1.64 million during the quarter.

About Winland Electronics

Winland Electronics, Inc develops and manufactures environmental monitoring equipment designed to detect and report conditions that could threaten property, inventory, equipment, or facilities. Its products are intended to help users monitor conditions such as temperature, humidity, water leaks, power loss, and changes in monitored areas.

The company’s product offerings have included the EnviroAlert line of environmental monitoring systems, along with sensors and related accessories. These systems can be used in applications such as security monitoring, refrigeration and food storage, server rooms, healthcare facilities, industrial environments, and other locations where changes in environmental conditions require notification.

Winland Electronics has historically operated as a provider of specialized electronic monitoring solutions, distributing its products through security, alarm, and other technology-related channels.