Maris-Tech (NASDAQ:MTEK) Shares Down 8.8% – Here’s Why

Maris-Tech Ltd. (NASDAQ:MTEKGet Free Report) shares were down 8.8% on Thursday . The stock traded as low as $3.74 and last traded at $3.84. Approximately 99,707 shares traded hands during trading, a decline of 61% from the average daily volume of 253,801 shares. The stock had previously closed at $4.21.

Maris-Tech Trading Down 2.9 %

The firm’s 50 day moving average is $3.31 and its two-hundred day moving average is $2.31. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.88 and a current ratio of 3.57.

Maris-Tech Company Profile

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Maris-Tech Ltd. designs and manufactures digital video and audio hardware and software solutions for the professionals, as well as the civilian and home security markets worldwide. The company offers intelligent video surveillance solutions, communication technology products, modular video encoding/decoding platform, ultra-low latency streaming solutions, dual channel low power encoder systems, multi channel encoding streaming and recording platform, miniature recording and streaming platforms, and video encoding and decoding platform.

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