WSI Industries (WSCI) Announces Earnings Results
WSI Industries (NASDAQ:WSCI) released its earnings results on Tuesday. The industrial products company reported $0.16 EPS for the quarter, Bloomberg Earnings reports. WSI Industries had a negative return on equity of 0.85% and a net margin of 1.42%. The company had revenue of $9.79 million during the quarter.
WSI Industries traded up $0.05, reaching $5.35, during midday trading on Wednesday, Marketbeat.com reports. The company’s stock had a trading volume of 1,100 shares, compared to its average volume of 5,604. WSI Industries has a fifty-two week low of $2.85 and a fifty-two week high of $6.55. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.63 and a quick ratio of 1.64.
Separately, TheStreet raised WSI Industries from a “d” rating to a “c” rating in a report on Wednesday, May 16th.
WSI Industries, Inc engages in the precision contract metal machining business in the United States. It manufactures metal components in medium to high volumes in accordance with customer specifications. The company serves aerospace/avionics/defense industries, recreational power sports vehicles, markets, energy industry, automotive industry, and bioscience industry.
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