Socket Mobile (NASDAQ:SCKT) Share Price Crosses Below Two Hundred Day Moving Average of $1.13

Socket Mobile, Inc. (NASDAQ:SCKT) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.13 and traded as low as $1.08. Socket Mobile shares last traded at $1.09, with a volume of 2,116 shares trading hands.

Socket Mobile Price Performance

The business has a fifty day moving average of $1.21 and a 200-day moving average of $1.13. The stock has a market capitalization of $8.31 million, a price-to-earnings ratio of -5.24 and a beta of 0.85.

Socket Mobile (NASDAQ:SCKT) last released its earnings results on Wednesday, May 1st. The company reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $4.98 million for the quarter. Socket Mobile had a negative return on equity of 7.77% and a negative net margin of 8.38%.

Socket Mobile Company Profile

Socket Mobile, Inc provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. Its products and solutions are integrated into mobile applications for applications in the areas of point of sale, commercial services, asset tracking, manufacturing and quality control processes, transportation and logistics, event management, medical, and education.