K-Tech Solutions (NASDAQ:KMRK) Releases Quarterly Earnings Results

K-Tech Solutions (NASDAQ:KMRK) released its earnings results on Wednesday. The company reported $0.02 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $2.63 million during the quarter.

K-Tech Solutions Trading Up 0.9%

NASDAQ:KMRK traded up $0.01 during mid-day trading on Wednesday, reaching $1.20. 21,479 shares of the stock were exchanged, compared to its average volume of 371,085. K-Tech Solutions has a 1 year low of $0.78 and a 1 year high of $6.59. The company has a 50 day simple moving average of $1.15 and a 200-day simple moving average of $1.82.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of K-Tech Solutions in a report on Monday, June 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

K-Tech Solutions Company Profile

We are principally engaged in the design, development, testing and sale of a diverse portfolio of toy products ranging from simple plastic toy products to more complex electromechanical toy products. Our solution services span across the entire development stage of toy products from design, prototype testing, production management, quality control to after-sales services. We specialize in the development of infant and pre-school educational toys and learning kits. We started our operation in 2016 and have developed relationships with our customers mainly located in European and North American countries which possess renowned brands and intellectual properties in toy products.