SecureAlert (OTCMKTS:TRCK) Stock Price Passes Below 50 Day Moving Average – What’s Next?

SecureAlert Inc. (OTCMKTS:TRCK) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.57 and traded as low as $0.55. SecureAlert shares last traded at $0.74, with a volume of 5,150 shares trading hands.

SecureAlert Trading Up 17.0%

The firm has a 50 day moving average of $0.58 and a 200-day moving average of $0.42. The company has a market cap of $26.60 million, a P/E ratio of 21.46 and a beta of 0.66.

SecureAlert (OTCMKTS:TRCK) last released its quarterly earnings data on Friday, May 8th. The company reported ($0.06) earnings per share (EPS) for the quarter. SecureAlert had a negative return on equity of 31.89% and a net margin of 1.24%.The firm had revenue of $8.94 million during the quarter.

About SecureAlert

SecureAlert, trading under the symbol TRCK on the OTC Markets, is a provider of location-based safety and monitoring solutions designed to protect vulnerable populations such as seniors with dementia, children with special needs, and lone workers. The company offers a suite of wearable devices and asset tags that leverage proprietary geo-fencing and real-time tracking technologies. These devices connect to a secure network platform that generates alerts when a user exits a predefined safe zone or when other risk thresholds are breached.

At the core of SecureAlert’s product lineup are compact, wireless tracking units that can be worn or attached to personal belongings.