SCI Engineered Materials (OTCMKTS:SCIA) Issues Earnings Results

SCI Engineered Materials (OTCMKTS:SCIA) announced its earnings results on Thursday. The company reported $0.26 earnings per share for the quarter, Zacks reports. SCI Engineered Materials had a net margin of 7.82% and a return on equity of 13.46%.

SCI Engineered Materials Stock Performance

Shares of OTCMKTS:SCIA opened at $9.24 on Friday. The stock’s 50-day simple moving average is $7.47 and its two-hundred day simple moving average is $6.24. The stock has a market capitalization of $41.11 million, a price-to-earnings ratio of 22.53 and a beta of 1.11. SCI Engineered Materials has a 52-week low of $3.80 and a 52-week high of $9.24.

About SCI Engineered Materials

SCI Engineered Materials, Inc engages in the manufacture and supply of materials for physical vapor deposition thin film applications in the United States. It offers ceramic targets, metal sputtering targets, and backing plates for use in semiconductors, thin film solar, flat panel displays, defense, aerospace, and photonics industries. The company’s materials are used to produce nano layers of metals and oxides for advanced material systems; and in applying decorative coatings for end uses, such as sink faucets to produce various electronic, photonic, and semiconductor products.