Giga-tronics (OTCMKTS:GIGA) Shares Pass Above 200 Day Moving Average of $1.28

Giga-tronics Incorporated (OTCMKTS:GIGAGet Rating)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.28 and traded as high as $1.88. Giga-tronics shares last traded at $1.88, with a volume of 300 shares changing hands.

Giga-tronics Stock Performance

The company has a current ratio of 1.26, a quick ratio of 0.46 and a debt-to-equity ratio of 0.23. The stock has a market cap of $5.23 million, a PE ratio of -1.65 and a beta of 1.20. The business’s 50-day moving average price is $1.41 and its 200-day moving average price is $1.28.

About Giga-tronics

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Gresham Worldwide, Inc designs and develops ultra-reliable bespoke technology for the defense, medical, and telecommunications sectors. Gresham Worldwide, Inc was formerly known as DPW Technology Group, Inc The company was incorporated in 2018 and is based in Phoenix, Arizona. It has additional offices in Washington, District of Columbia; Shelton, Connecticut; Salisbury and Wareham, United Kingdom; and Karmiel, Israel.

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