Servotronics (NYSEAMERICAN:SVT) Announces Quarterly Earnings Results

Servotronics (NYSEAMERICAN:SVT) announced its quarterly earnings results on Monday. The conglomerate reported ($0.64) earnings per share for the quarter, RTT News reports. Servotronics had a net margin of 0.30% and a return on equity of 2.85%. During the same quarter in the prior year, the business posted ($4.37) earnings per share.

Servotronics Stock Performance

Shares of SVT opened at $10.59 on Tuesday. Servotronics has a twelve month low of $10.16 and a twelve month high of $13.75. The firm has a 50 day moving average of $10.78. The company has a market capitalization of $27.01 million, a price-to-earnings ratio of 211.86 and a beta of 0.51.

About Servotronics

Servotronics, Inc designs, manufactures, and markets servo-control components and other technology products for aerospace, military, and medical applications in the United States and internationally. It offers high-performance servo valves, including torque motor, hydraulic, and pneumatic valves. The company offers its products to products are sold to commercial aerospace, government, medical, and industrial markets.