SCI Engineered Materials (OTCMKTS:SCIA) Stock Crosses Above 50 Day Moving Average – Time to Sell?

Shares of SCI Engineered Materials Inc. (OTCMKTS:SCIA) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $5.48 and traded as high as $7.62. SCI Engineered Materials shares last traded at $7.58, with a volume of 9,633 shares trading hands.

SCI Engineered Materials Stock Performance

The company’s 50-day moving average is $5.59 and its 200 day moving average is $5.37. The company has a market capitalization of $33.64 million, a PE ratio of 18.44 and a beta of 0.90.

SCI Engineered Materials (OTCMKTS:SCIA) last announced its quarterly earnings results on Friday, May 1st. The company reported $0.10 earnings per share (EPS) for the quarter. The firm had revenue of $8.16 million for the quarter. SCI Engineered Materials had a net margin of 7.82% and a return on equity of 13.46%.

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.