Electro-Sensors, Inc. (ELSE, Financial) experienced a significant stock price increase, rising by 5.13% to reach $4.10 per share. The trading volume hit 10,134 shares with a turnover rate of 0.30% and a price fluctuation range of 3.08%.
The company's recent financial report revealed revenue of $2.22 million, a net loss of $4,000, and a gross profit of $1.05 million, with an earnings per share (EPS) of $0.00. The price-to-earnings (P/E) ratio stood at 65.32. Currently, there are no analyst recommendations for buying, holding, or selling ELSE stock.
Within the broader technology instruments sector, which saw an overall decline of 2.31%, ELSE was among the top gainers. Other notable performers included Sobr Safe, Inc., which also demonstrated high turnover and volatility, alongside others like Blacksky Technology Inc. and Saverone 2014 Ltd.
Electro-Sensors Inc. specializes in manufacturing and selling monitoring systems to measure machine production and operation rates, including speed monitoring systems. These tools help regulate the speed of machines during production by comparing actual performance to pre-set standards. Their product range features systems measuring production rates, alarm systems, and devices converting sensor pulses into alerts or digital displays.
