Dewey Electronics (OTCMKTS:DEWY – Get Free Report) shares shot up 19.6% on Thursday. The company traded as high as $3.05 and last traded at $3.05. 500 shares were traded during trading, The stock had previously closed at $2.55.
Dewey Electronics Stock Performance
The firm has a fifty day moving average price of $2.38 and a two-hundred day moving average price of $2.37.
Dewey Electronics Company Profile
Dewey Electronics Corporation is a U.S.-based defense and engineering company that designs and manufactures specialized power and electronic systems. Its products are primarily intended for military, government, and other demanding applications where portability, durability, and dependable operation are important.
The company’s offerings have included tactical generator sets, hybrid power systems, battery chargers, power-management equipment, and related electronics. Dewey Electronics also provides engineering, integration, and support services for customized power solutions and ruggedized equipment.
Founded in 1956 and headquartered in Great Meadows, New Jersey, Dewey Electronics serves customers in the United States and in international markets through defense and government procurement channels.
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