SecureAlert (OTCMKTS:TRCK) Stock Price Down 10.4% – Here’s What Happened

SecureAlert Inc. (OTCMKTS:TRCK) shares fell 10.4% on Tuesday. The stock traded as low as $0.4121 and last traded at $0.4121. 32,339 shares traded hands during trading, an increase of 2,003% from the average daily volume of 1,538 shares. The stock had previously closed at $0.46.

SecureAlert Price Performance

The firm has a market cap of $18.98 million, a P/E ratio of 0.70 and a beta of 0.68. The company has a quick ratio of 1.86, a current ratio of 1.94 and a debt-to-equity ratio of 1.07. The business’s 50 day moving average is $0.48 and its two-hundred day moving average is $0.54.

SecureAlert (OTCMKTS:TRCK) last issued its quarterly earnings results on Friday, August 14th. The company reported $0.68 EPS for the quarter. SecureAlert had a net margin of 59.19% and a negative return on equity of 507.05%. The business had revenue of $9.09 million for the quarter.

About SecureAlert

SecureAlert is a provider of GPS-enabled personal safety and electronic monitoring solutions. The company’s technology is designed to help monitor the location and status of individuals while supporting rapid communication and emergency response. Its product and service offerings have included mobile personal emergency response devices, GPS tracking systems, and monitoring programs for individuals under community supervision. These solutions have been associated with applications in corrections, law enforcement, offender monitoring, and personal security.