SCI Engineered Materials (OTCMKTS:SCIA) Shares Pass Above 50 Day Moving Average – Should You Sell?

Shares of SCI Engineered Materials Inc. (OTCMKTS:SCIA) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $5.10 and traded as high as $8.47. SCI Engineered Materials shares last traded at $7.45, with a volume of 40,454 shares trading hands.

SCI Engineered Materials Stock Down 9.9%

The stock has a market capitalization of $33.15 million, a PE ratio of 18.17 and a beta of 0.90. The firm has a 50 day moving average price of $5.10 and a 200-day moving average price of $5.15.

SCI Engineered Materials (OTCMKTS:SCIA) last issued its earnings results on Friday, May 1st. The company reported $0.10 EPS for the quarter. SCI Engineered Materials had a return on equity of 13.46% and a net margin of 7.82%.The firm had revenue of $8.16 million for the quarter.

About SCI Engineered Materials

SCI Engineered Materials, Inc engages in the manufacture and supply of materials for physical vapor deposition thin film applications in the United States. It offers ceramic targets, metal sputtering targets, and backing plates for use in semiconductors, thin film solar, flat panel displays, defense, aerospace, and photonics industries. The company’s materials are used to produce nano layers of metals and oxides for advanced material systems; and in applying decorative coatings for end uses, such as sink faucets to produce various electronic, photonic, and semiconductor products.