Maris-Tech (NASDAQ:MTEK) Shares Down 8.8% – Here’s Why

Shares of Maris-Tech Ltd. (NASDAQ:MTEKGet Free Report) fell 8.8% during trading on Thursday . The company traded as low as $3.74 and last traded at $3.84. 99,707 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 253,801 shares. The stock had previously closed at $4.21.

Maris-Tech Trading Down 2.9 %

The company has a debt-to-equity ratio of 0.04, a current ratio of 3.57 and a quick ratio of 2.88. The business’s fifty day simple moving average is $3.31 and its 200 day simple moving average is $2.31.

About Maris-Tech

(Get Free Report)

Maris-Tech Ltd. designs and manufactures digital video and audio hardware and software solutions for the professionals, as well as the civilian and home security markets worldwide. The company offers intelligent video surveillance solutions, communication technology products, modular video encoding/decoding platform, ultra-low latency streaming solutions, dual channel low power encoder systems, multi channel encoding streaming and recording platform, miniature recording and streaming platforms, and video encoding and decoding platform.

Featured Articles

Receive News & Ratings for Maris-Tech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maris-Tech and related companies with MarketBeat.com's FREE daily email newsletter.