Servotronics, Inc. (NYSEAMERICAN:SVT – Get Free Report) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totalling 9,000 shares, a decrease of 13.5% from the June 15th total of 10,400 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is presently 4.1 days. Approximately 1.4% of the company’s shares are short sold.
Servotronics Trading Down 2.5 %
SVT opened at $11.41 on Monday. The firm has a market capitalization of $29.10 million, a price-to-earnings ratio of -2.91 and a beta of 0.56. Servotronics has a twelve month low of $8.80 and a twelve month high of $14.10.
Servotronics (NYSEAMERICAN:SVT – Get Free Report) last issued its quarterly earnings data on Friday, May 10th. The conglomerate reported ($0.15) earnings per share (EPS) for the quarter. Servotronics had a negative return on equity of 12.74% and a negative net margin of 21.38%. The company had revenue of $10.45 million for the quarter.
Institutional Trading of Servotronics
About Servotronics
Servotronics, Inc designs, manufactures, and markets servo-control components and other technology products for aerospace, military, and medical applications in the United States and internationally. It offers high-performance servo valves, including torque motor, hydraulic, and pneumatic valves. The company offers its products to products are sold to commercial aerospace, government, medical, and industrial markets.
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