Tel-Instrument Electronics (NYSEAMERICAN:TIK) Shares Cross Below 200-Day Moving Average – Time to Sell?

by · The Markets Daily

Tel-Instrument Electronics Corp. (NYSEAMERICAN:TIK – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.80 and traded as low as $1.50. Tel-Instrument Electronics shares last traded at $1.50, with a volume of 390 shares trading hands.

Tel-Instrument Electronics Price Performance

The stock has a fifty day moving average price of $1.46 and a two-hundred day moving average price of $1.80.

Tel-Instrument Electronics Company Profile

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Tel-Instrument Electronics, Inc designs and manufactures high-reliability interconnect and electromechanical products primarily for aerospace, defense and industrial instrumentation markets. The company’s offerings include MIL-DTL-38999 and MIL-DTL-83513 circular connectors, filtered and hermetically sealed connectors, custom cable and wiring harness assemblies, as well as environmental shielding and grounding components. These products are engineered to meet stringent performance, durability and safety standards required by military, avionics and space applications.

In addition to interconnect solutions, Tel-Instrument Electronics produces ruggedized power supplies, converters and sensor interfaces for use in mission-critical systems.

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