SCI Engineered Materials (OTCMKTS:SCIA) Stock Price Passes Below Fifty Day Moving Average – Should You Sell?

SCI Engineered Materials Inc. (OTCMKTS:SCIA) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $7.55 and traded as low as $6.6650. SCI Engineered Materials shares last traded at $6.97, with a volume of 3,756 shares traded.

SCI Engineered Materials Price Performance

The firm has a market cap of $31.02 million, a price-to-earnings ratio of 17.00 and a beta of 1.11. The company has a fifty day moving average price of $7.55 and a two-hundred day moving average price of $6.11.

SCI Engineered Materials (OTCMKTS:SCIA) last released its earnings results on Friday, May 1st. The company reported $0.10 earnings per share (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.