Mechanical Technology Inc. (OTCMKTS:MKTY)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.82 and traded as high as $0.83. Mechanical Technology shares last traded at $0.83, with a volume of 7,500 shares changing hands.
The business’s fifty day moving average is $0.82 and its 200-day moving average is $1.01. The stock has a market capitalization of $7.94 million, a PE ratio of 3.76 and a beta of -0.22.
Mechanical Technology Company Profile (OTCMKTS:MKTY)
Mechanical Technology, Incorporated, through its subsidiary, MTI Instruments, Inc, designs, manufactures, and markets precision linear displacement solutions, vibration measurement and system balancing solutions, precision tensile measurement systems, and wafer inspection tools worldwide. It offers electronic gauging instruments for position, displacement, and vibration applications in the industrial manufacturing/production markets, as well as the research, design, and process development market.
Read More: What is a Buy-Side Analyst?
Receive News & Ratings for Mechanical Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mechanical Technology and related companies with MarketBeat.com's FREE daily email newsletter.