Tefron (OTCMKTS:TFRFF) Shares Down 38.1% – What’s Next?

Tefron Ltd. (OTCMKTS:TFRFFGet Free Report) traded down 38.1% during trading on Wednesday . The company traded as low as $4.00 and last traded at $4.00. Approximately 100 shares traded hands during trading, an increase of 2,369% from the average daily volume of 4 shares. The stock had previously closed at $6.46.

Tefron Price Performance

The firm’s 50-day moving average is $6.38 and its two-hundred day moving average is $6.41. The company has a market cap of $50.48 million, a P/E ratio of -133.29 and a beta of 0.25.

Tefron Company Profile

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Tefron Limited (OTCMKTS:TFRFF) is a specialist manufacturer and distributor of geophysical and surveying instrumentation for the mineral exploration, environmental, engineering and energy industries. The company focuses on the design, production and support of precision instruments used to detect and measure subsurface anomalies, enabling clients to identify mineral deposits, monitor groundwater and conduct infrastructure surveys with improved accuracy and efficiency.

The company’s product portfolio includes a range of gravimeters, magnetometers, magnetic susceptibility meters, and ground-based electromagnetic systems, marketed under brands such as Scintrex and RSP Systems.

Further Reading

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