Solitron Devices (OTCMKTS:SODI) Shares Pass Below Fifty Day Moving Average – Here’s Why

Solitron Devices, Inc. (OTCMKTS:SODIGet Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $17.72 and traded as low as $16.00. Solitron Devices shares last traded at $17.00, with a volume of 250 shares changing hands.

Solitron Devices Stock Performance

The firm has a 50-day moving average price of $17.72 and a 200-day moving average price of $18.09.

Solitron Devices (OTCMKTS:SODIGet Free Report) last issued its quarterly earnings results on Tuesday, October 15th. The company reported $0.01 EPS for the quarter. The business had revenue of $3.58 million during the quarter.

About Solitron Devices

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Solitron Devices, Inc designs, develops, manufactures, and markets solid-state semiconductor components and related devices primarily for the military and aerospace markets. The company offers various bipolar and metal oxide semiconductor (MOS) power transistors, power and control hybrids, junction and power MOS field effect transistors, field effect transistors, and other related products.

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