Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Director Robert A. Rice sold 17,000 shares of the stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $2.65, for a total transaction of $45,050.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of TIKK stock traded down $0.10 during mid-day trading on Monday, reaching $2.65. The company’s stock had a trading volume of 1,705 shares, compared to its average volume of 6,000. Tel-Instrument Electronics Corp. has a 1-year low of $2.50 and a 1-year high of $3.26.
Tel-Instrument Electronics (OTCMKTS:TIKK) last announced its quarterly earnings data on Friday, February 8th. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $3.98 million during the quarter.
Tel-Instrument Electronics Corp. designs, manufactures, and sells avionics test and measurement solutions for the commercial air transport, general aviation, and government/military aerospace and defense markets in the United States and internationally. It operates in two segments, Avionics Government and Avionics Commercial.
Further Reading: Depreciation
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