SecureAlert (OTCMKTS:TRCK) Shares Pass Below Fifty Day Moving Average – Here’s Why

SecureAlert Inc. (OTCMKTS:TRCK) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.32 and traded as low as $0.2810. SecureAlert shares last traded at $0.35, with a volume of 24,000 shares trading hands.

SecureAlert Price Performance

The firm’s fifty day moving average is $0.32 and its two-hundred day moving average is $0.30. The firm has a market cap of $4.15 million, a price-to-earnings ratio of -2.19 and a beta of 0.25.

SecureAlert (OTCMKTS:TRCK) last released its quarterly earnings results on Friday, December 19th. The company reported $0.12 EPS for the quarter. The company had revenue of $9.10 million for the quarter. SecureAlert had a negative net margin of 5.35% and a negative return on equity of 5.94%.

About SecureAlert

SecureAlert, trading under the symbol TRCK on the OTC Markets, is a provider of location-based safety and monitoring solutions designed to protect vulnerable populations such as seniors with dementia, children with special needs, and lone workers. The company offers a suite of wearable devices and asset tags that leverage proprietary geo-fencing and real-time tracking technologies. These devices connect to a secure network platform that generates alerts when a user exits a predefined safe zone or when other risk thresholds are breached.

At the core of SecureAlert’s product lineup are compact, wireless tracking units that can be worn or attached to personal belongings.