Servotronics, Inc. (NYSEAMERICAN:SVT - Get Free Report) saw a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 60,100 shares, an increase of 1,178.7% from the May 15th total of 4,700 shares. Based on an average daily trading volume, of 22,600 shares, the short-interest ratio is currently 2.7 days. Currently, 5.3% of the company's shares are sold short.
Servotronics Stock Performance
NYSEAMERICAN:SVT remained flat at $46.83 on Friday. The company's stock had a trading volume of 9,971 shares, compared to its average volume of 9,834. The company's 50 day moving average price is $23.56 and its two-hundred day moving average price is $14.65. The company has a market cap of $119.42 million, a P/E ratio of 936.79 and a beta of 0.51. Servotronics has a 1-year low of $9.67 and a 1-year high of $46.95.
Servotronics (NYSEAMERICAN:SVT - Get Free Report) last announced its earnings results on Monday, March 17th. The conglomerate reported ($0.64) earnings per share (EPS) for the quarter. Servotronics had a net margin of 0.30% and a return on equity of 2.85%. During the same period in the previous year, the firm posted ($4.37) EPS.
Servotronics Company Profile
(
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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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