Telkonet, Inc. (OTCMKTS:TKOI) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totalling 13,300 shares, an increase of 58.3% from the August 15th total of 8,400 shares. Based on an average trading volume of 63,300 shares, the days-to-cover ratio is presently 0.2 days.
OTCMKTS:TKOI opened at $0.03 on Wednesday. The firm’s fifty day moving average price is $0.03 and its 200 day moving average price is $0.04. Telkonet has a 1-year low of $0.02 and a 1-year high of $0.11. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.86 and a quick ratio of 1.48. The firm has a market cap of $3.00 million, a price-to-earnings ratio of -1.45 and a beta of -0.25.
Telkonet (OTCMKTS:TKOI) last posted its quarterly earnings data on Friday, August 14th. The technology company reported ($0.01) earnings per share for the quarter. Telkonet had a negative net margin of 24.88% and a negative return on equity of 101.91%. The firm had revenue of $1.28 million during the quarter.
Telkonet, Inc provides EcoSmart platform of intelligent automation solutions in support of the Internet of Things in the United States. Its EcoSmart platform provides savings, management reporting, analytics, and virtual engineering of a customer's portfolio and/or property's room-by-room energy consumption.
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