Solitron Devices (OTCMKTS:SODI) Trading Down 0.8% – Here’s Why

Solitron Devices, Inc. (OTCMKTS:SODIGet Free Report)’s stock price was down 0.8% on Tuesday . The stock traded as low as $26.79 and last traded at $26.79. Approximately 485 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 2,490 shares. The stock had previously closed at $27.00.

Solitron Devices Trading Down 0.8%

The company has a fifty day moving average price of $24.30 and a 200 day moving average price of $23.69.

Solitron Devices (OTCMKTS:SODIGet Free Report) last announced its earnings results on Thursday, May 28th. The company reported $0.34 earnings per share for the quarter. The company had revenue of $5.26 million during the quarter.

About Solitron Devices

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Solitron Devices, Inc is a U.S.-based manufacturer and supplier of high-reliability semiconductor components and power-conversion modules. The company specializes in the design, development and marketing of discrete diodes, rectifiers, transient voltage suppressors, power MOSFETs, and integrated circuits tailored for demanding applications. Solitron’s product portfolio also includes solid-state relays, custom power modules, and protection devices engineered to meet stringent performance and reliability standards.

The company’s offerings are widely used in sectors such as aerospace and defense, industrial automation, medical instrumentation, telecommunications, and power management.

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