Sono-Tek Co. (OTCMKTS:SOTK) CEO Christopher L. Coccio sold 7,200 shares of the firm’s stock in a transaction on Tuesday, August 14th. The shares were sold at an average price of $2.55, for a total value of $18,360.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
Shares of SOTK traded down $0.01 during trading hours on Thursday, reaching $2.55. 10,070 shares of the company’s stock traded hands, compared to its average volume of 14,450. The firm has a market capitalization of $39.26 million, a price-to-earnings ratio of 130.50 and a beta of 0.17. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.75 and a current ratio of 4.51. Sono-Tek Co. has a twelve month low of $1.07 and a twelve month high of $2.70.
Sono-Tek (OTCMKTS:SOTK) last issued its quarterly earnings results on Monday, July 16th. The industrial products company reported $0.00 EPS for the quarter. The company had revenue of $2.70 million for the quarter. Sono-Tek had a return on equity of 4.49% and a net margin of 3.32%.
Sono-Tek Corporation designs and manufactures ultrasonic coating systems for applying on parts and components for the microelectronics/electronics, alternative energy, medical, industrial, and research and development/other markets worldwide. The company also designs and manufactures custom-engineered ultrasonic coating systems; and provides patented nozzles and generators for manufacturers' equipment.
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