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

Socket Mobile, Inc. (NASDAQ:SCKT)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-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 Stock Performance

The company has a market cap of $8.31 million, a P/E ratio of -5.24 and a beta of 0.85. The firm has a 50 day moving average price of $1.21 and a two-hundred day moving average price of $1.13.

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

About Socket Mobile

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.