Electro-Sensors (NASDAQ:ELSE) Issues Earnings Results

Electro-Sensors (NASDAQ:ELSE) posted its quarterly earnings results on Thursday. The scientific and technical instruments company reported ($0.03) earnings per share for the quarter, FiscalAI reports. Electro-Sensors had a return on equity of 2.10% and a net margin of 3.02%.The firm had revenue of $2.58 million for the quarter.

Electro-Sensors Stock Performance

ELSE stock remained flat at $7.64 during trading on Friday. The company had a trading volume of 9,216 shares, compared to its average volume of 10,425. The business’s fifty day simple moving average is $5.42 and its 200 day simple moving average is $4.78. Electro-Sensors has a fifty-two week low of $3.72 and a fifty-two week high of $7.68. The firm has a market capitalization of $26.97 million, a price-to-earnings ratio of 84.89 and a beta of 0.64.

About Electro-Sensors

Electro-Sensors, Inc engages in the manufacture and selling of industrial production monitoring and process control systems. Its products include shaft speed witches; wireless hazard monitoring; temperature sensor; slide gate and angle position; bearing sensors and belt alignment; and motor drive control. The company was founded by James P. Slattery in 1965 and is headquartered in Minnetonka, MN.