Tefron Ltd. (OTCMKTS:TFRFF – Get Free Report)’s share price dropped 38.1% on Wednesday . The company traded as low as $4.00 and last traded at $4.00. 100 shares changed hands during mid-day trading, an increase of 2,369% from the average daily volume of 4 shares. The stock had previously closed at $6.46.
Tefron Price Performance
The stock has a fifty day moving average of $6.33 and a two-hundred day moving average of $6.40. The stock has a market cap of $50.48 million, a price-to-earnings ratio of -133.29 and a beta of 0.25.
About Tefron
Tefron Limited (OTCMKTS:TFRFF) is a specialist manufacturer and distributor of geophysical and surveying instrumentation for the mineral exploration, environmental, engineering and energy industries. The company focuses on the design, production and support of precision instruments used to detect and measure subsurface anomalies, enabling clients to identify mineral deposits, monitor groundwater and conduct infrastructure surveys with improved accuracy and efficiency.
The company’s product portfolio includes a range of gravimeters, magnetometers, magnetic susceptibility meters, and ground-based electromagnetic systems, marketed under brands such as Scintrex and RSP Systems.
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