SecureAlert (OTCMKTS:TRCK) Shares Pass Below 50 Day Moving Average – Here’s What Happened

Shares of SecureAlert Inc. (OTCMKTS:TRCK) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.63 and traded as low as $0.45. SecureAlert shares last traded at $0.51, with a volume of 140,481 shares.

SecureAlert Stock Performance

The firm’s fifty day moving average is $0.63 and its 200-day moving average is $0.48. The company has a market capitalization of $21.08 million, a P/E ratio of 17.01 and a beta of 0.64.

SecureAlert (OTCMKTS:TRCK) last issued its quarterly earnings data on Friday, May 8th. The company reported ($0.06) EPS for the quarter. SecureAlert had a net margin of 1.24% and a negative return on equity of 31.89%. The company had revenue of $8.94 million during the quarter.

About SecureAlert

SecureAlert, trading under the symbol TRCK on the OTC Markets, is a provider of location-based safety and monitoring solutions designed to protect vulnerable populations such as seniors with dementia, children with special needs, and lone workers. The company offers a suite of wearable devices and asset tags that leverage proprietary geo-fencing and real-time tracking technologies. These devices connect to a secure network platform that generates alerts when a user exits a predefined safe zone or when other risk thresholds are breached.

At the core of SecureAlert’s product lineup are compact, wireless tracking units that can be worn or attached to personal belongings.