Winland Electronics (OTCMKTS:WELX) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Winland Electronics Inc. (OTCMKTS:WELXGet Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $2.32 and traded as high as $2.35. Winland Electronics shares last traded at $2.3331, with a volume of 2,675 shares trading hands.

Winland Electronics Price Performance

The firm has a market cap of $11.84 million, a price-to-earnings ratio of 4.66 and a beta of 1.28. The stock has a 50-day moving average price of $2.33 and a 200 day moving average price of $2.71.

Winland Electronics (OTCMKTS:WELXGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The technology company reported ($0.29) earnings per share (EPS) for the quarter. The company had revenue of $1.16 million during the quarter.

Winland Electronics Company Profile

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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.

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