Maris-Tech (NASDAQ:MTEK) Stock Price Down 0.3% – Time to Sell?

Maris-Tech Ltd. (NASDAQ:MTEK)’s stock price was down 0.3% on Friday. The stock traded as low as $0.7310 and last traded at $0.7414. 178,563 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 2,509,351 shares. The stock had previously closed at $0.7440.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Maris-Tech from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, September 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Maris-Tech Stock Performance

The company has a 50 day moving average price of $1.07 and a 200 day moving average price of $1.19.

Maris-Tech (NASDAQ:MTEK) last announced its earnings results on Wednesday, September 2nd. The company reported ($0.14) earnings per share (EPS) for the quarter. The business had revenue of $1.04 million for the quarter.

About Maris-Tech

Maris-Tech Ltd. is an Israel-based technology company that develops edge-computing and artificial intelligence solutions for real-time video and data processing. Its systems are designed to collect, analyze and transmit high-resolution video and other sensor data close to where it is generated, supporting applications that require rapid decision-making and reliable communications.

The company provides compact, ruggedized video-processing and streaming platforms for defense, homeland security, aerospace and other mission-critical markets.