Plaintree Systems (OTCMKTS:PTEEF) Releases Quarterly Earnings Results

Plaintree Systems (OTCMKTS:PTEEF) posted its earnings results on Friday. The company reported ($0.02) earnings per share (EPS) for the quarter, Zacks reports. Plaintree Systems had a return on equity of 84.40% and a net margin of 3.81%. The company had revenue of $3.28 million for the quarter.

Plaintree Systems Price Performance

Plaintree Systems stock opened at $0.05 on Friday. The company has a market capitalization of $607,710.00, a price-to-earnings ratio of -1.18 and a beta of 0.45. The company has a current ratio of 1.35, a quick ratio of 0.85 and a debt-to-equity ratio of 1.55. Plaintree Systems has a 12 month low of $0.01 and a 12 month high of $0.10. The stock’s 50 day moving average is $0.05 and its 200-day moving average is $0.07.

About Plaintree Systems

Plaintree Systems Inc designs, develops, manufactures, markets, and supports electronic products and specialty structural products in Canada, the United States, and internationally. The company manufactures avionic components for various applications, including aircraft antiskid braking, aircraft indicators, solenoids, and permanent magnet alternators; and operates as a design/build manufacturer of steel, aluminum, and stainless-steel specialty structures comprising commercial domes, free form structures, barrel vaults, space frames, and industrial dome coverings.