Electronic Systems Technology (OTCMKTS:ELST) Shares Down 10% – What’s Next?

Electronic Systems Technology, Inc. (OTCMKTS:ELSTGet Free Report) was down 10% during mid-day trading on Wednesday . The company traded as low as $0.17 and last traded at $0.18. Approximately 12,003 shares were traded during trading, an increase of 135% from the average daily volume of 5,098 shares. The stock had previously closed at $0.20.

Electronic Systems Technology Stock Down 10.0 %

The company’s 50 day simple moving average is $0.21 and its 200 day simple moving average is $0.25.

Electronic Systems Technology (OTCMKTS:ELSTGet Free Report) last released its earnings results on Tuesday, October 29th. The technology company reported ($0.01) earnings per share for the quarter. The business had revenue of $0.29 million for the quarter. Electronic Systems Technology had a negative return on equity of 20.45% and a negative net margin of 23.84%.

About Electronic Systems Technology

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Electronic Systems Technology, Inc, doing business as ESTeem Wireless Modems, designs, develops, manufactures, and markets industrial wireless products and accessories in the United States and internationally. The company’s ESTeem industrial wireless products provide communication links between computer networks, network enabled devices, and mobile devices without cables.

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