SCI Engineered Materials (OTCMKTS:SCIA) Shares Cross Above Fifty Day Moving Average – Time to Sell?

SCI Engineered Materials Inc. (OTCMKTS:SCIA) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $7.56 and traded as high as $9.08. SCI Engineered Materials shares last traded at $9.00, with a volume of 2,769 shares traded.

SCI Engineered Materials Stock Performance

The company’s 50 day moving average price is $7.58 and its two-hundred day moving average price is $6.38. The firm has a market cap of $40.05 million, a PE ratio of 15.25 and a beta of 1.08.

SCI Engineered Materials (OTCMKTS:SCIA) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.26 EPS for the quarter. SCI Engineered Materials had a return on equity of 18.52% and a net margin of 8.97%.The firm had revenue of $9.49 million during 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.