Environmental Tectonics (OTCMKTS:ETCC) Stock Crosses Below 200-Day Moving Average – Here’s Why

Environmental Tectonics Co. (OTCMKTS:ETCC) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.86 and traded as low as $1.85. Environmental Tectonics shares last traded at $2.00, with a volume of 17,235 shares.

Environmental Tectonics Stock Down 3.8 %

The firm has a market capitalization of $18.20 million, a price-to-earnings ratio of 5.35 and a beta of 0.31. The stock’s 50-day moving average price is $1.87 and its 200 day moving average price is $1.86.

Environmental Tectonics (OTCMKTS:ETCC) last issued its earnings results on Tuesday, October 15th. The aerospace company reported $0.09 earnings per share for the quarter. The business had revenue of $14.08 million for the quarter. Environmental Tectonics had a negative return on equity of 57.87% and a net margin of 11.76%.

About Environmental Tectonics

Environmental Tectonics Corporation, together with its subsidiaries, operates as an engineered solutions company in the United States and internationally. It operates in two segments, Aerospace Solutions (Aerospace) and Commercial/Industrial Systems (CIS). The Aerospace segment engages in the design, manufacture, and sale of aircrew training systems to commercial, governmental, and military defense agencies; training devices, including altitude and multiplace chambers to governmental and military defense agencies, and civil aviation organizations; and advanced disaster management simulators to governmental organizations, original equipment manufacturers, fire and emergency training schools, universities, and airports, as well as provides integrated logistics support services.