Winland Electronics (OTCMKTS:WELX) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

Winland Electronics Inc. (OTCMKTS:WELX) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.34 and traded as low as $3.90. Winland Electronics shares last traded at $3.90, with a volume of 866 shares changing hands.

Winland Electronics Stock Up 6.8%

The company has a 50 day simple moving average of $3.84 and a 200-day simple moving average of $4.34. The stock has a market capitalization of $19.70 million, a price-to-earnings ratio of 3.45 and a beta of 1.65.

About Winland Electronics

Winland Holdings Corporation, through its subsidiaries, provides critical condition monitoring devices to the security industry. Its products are used to protect against loss of assets due to damage from water, excess humidity, extremes of temperature, and loss of power. The company offers EnviroAlert, which monitors temperature, humidity, and/or water presence in critical environments; TempAlert, a temperature monitoring device for residential and commercial environments through security systems; WaterBug, a water presence and leak detection system; and Power-Out Alert, a power outage detector.