Plaintree Systems (OTCMKTS:PTEEF) Posts Quarterly Earnings Results

Plaintree Systems (OTCMKTS:PTEEF) posted its quarterly earnings data on Friday. The company reported ($0.01) earnings per share for the quarter, Zacks reports. Plaintree Systems had a negative net margin of 8.21% and a negative return on equity of 370.48%. The company had revenue of $3.41 million for the quarter.

Plaintree Systems Stock Performance

OTCMKTS PTEEF opened at $0.04 on Friday. The company has a quick ratio of 0.75, a current ratio of 1.15 and a debt-to-equity ratio of 1.32. The stock’s 50-day simple moving average is $0.05 and its two-hundred day simple moving average is $0.04. Plaintree Systems has a twelve month low of $0.03 and a twelve month high of $0.07. The company has a market capitalization of $538,972.50, a price-to-earnings ratio of -0.22 and a beta of 0.35.

Plaintree Systems Company Profile

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.