Electro-Sensors (NASDAQ:ELSE) announced its quarterly earnings results on Tuesday. The scientific and technical instruments company reported $0.06 EPS for the quarter, Bloomberg Earnings reports. The firm had revenue of $2.15 million during the quarter. Electro-Sensors had a negative net margin of 1.21% and a negative return on equity of 0.71%.
Shares of ELSE traded up $0.15 during mid-day trading on Thursday, reaching $3.60. The company had a trading volume of 2,213 shares, compared to its average volume of 5,130. Electro-Sensors has a 1-year low of $3.42 and a 1-year high of $5.24.
Separately, TheStreet downgraded shares of Electro-Sensors from a “c” rating to a “d+” rating in a research note on Monday, August 20th.
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Electro-Sensors, Inc manufactures and sells industrial production monitoring and process control systems. It manufactures and sells various monitoring systems that measure machine production and operation rates, as well as systems that regulate the speed of related machines in production processes. The company's speed monitoring systems include a line of products that measure production counts or rates, such as parts, gallons, or board feet; and alarm systems, tachometers, and other devices that translate impulses from the sensors.
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