Somewhat Positive Press Coverage Somewhat Unlikely to Affect Tel-Instrument Electronics Corp. (TIK) Stock Price

Media stories about Tel-Instrument Electronics Corp. (NYSE:TIK) have been trending somewhat positive on Sunday, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tel-Instrument Electronics Corp. earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.3438315074168 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

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Tel-Instrument Electronics Corp. (TIK) traded up 1.7690% during midday trading on Friday, hitting $3.6128. 3,723 shares of the company traded hands. Tel-Instrument Electronics Corp. has a 12-month low of $3.20 and a 12-month high of $6.25. The stock’s 50-day moving average price is $3.73 and its 200 day moving average price is $4.30. The company’s market capitalization is $11.76 million.

Tel-Instrument Electronics Corp. (NYSE:TIK) last posted its quarterly earnings data on Thursday, August 17th. The company reported ($0.12) earnings per share (EPS) for the quarter. Tel-Instrument Electronics Corp. had a negative return on equity of 819.35% and a negative net margin of 136.49%. The company had revenue of $3.54 million for the quarter.

Separately, TheStreet cut shares of Tel-Instrument Electronics Corp. from a “c” rating to a “d+” rating in a research note on Monday, July 17th.

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Tel-Instrument Electronics Corp. Company Profile

Tel-Instrument Electronics Corp. is a designer and manufacturer of avionics test and measurement instruments for the commercial air transport, general aviation, and government/military aerospace and defense markets. The Company has two segments: Avionics Government and Avionics Commercial. The Company’s Avionics Government segment consists primarily of the design, manufacture and sale of test equipment to the United States and foreign Governments and militaries either directly or through distributors.