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

SecureAlert Inc. (OTCMKTS:TRCK)’s share price fell 10.4% on Tuesday. The stock traded as low as $0.4121 and last traded at $0.4121. Approximately 32,339 shares were traded during mid-day trading, an increase of 2,003% from the average session volume of 1,538 shares. The stock had previously closed at $0.46.

SecureAlert Stock Performance

The firm has a market capitalization of $18.98 million, a P/E ratio of 0.70 and a beta of 0.68. The company has a current ratio of 1.94, a quick ratio of 1.86 and a debt-to-equity ratio of 1.07. The company has a 50-day moving average of $0.48 and a 200-day moving average of $0.54.

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

SecureAlert Company Profile

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.