SCI Engineered Materials (OTCMKTS:SCIA) Stock Crosses Above 50 Day Moving Average – What’s Next?

SCI Engineered Materials Inc. (OTCMKTS:SCIA) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $7.56 and traded as high as $9.08. SCI Engineered Materials shares last traded at $9.00, with a volume of 2,769 shares trading hands.

SCI Engineered Materials Trading Down 1.5%

The firm’s 50 day simple moving average is $7.56 and its 200 day simple moving average is $6.36. The firm has a market cap of $40.05 million, a PE ratio of 15.25 and a beta of 1.08.

SCI Engineered Materials (OTCMKTS:SCIA) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.26 earnings per share for the quarter. SCI Engineered Materials had a return on equity of 18.52% and a net margin of 8.97%.The firm had revenue of $9.49 million during the quarter.

SCI Engineered Materials Company Profile

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.