Rochester, NY 8/27/2009 9:57:54 PM
Servotronics Inc. SVT, Servotronics Morning Report trading hit $7.25
Servotronics Inc. SVT
Servotronics, release its earnings of $7.25 open market. The company shares spiking $2,930.3. It hit a 52-week low of $4.53 and a 52-week higher of $12.76. It markets its products directly and through its field engineering representatives to the United States government, government prime contractors and subcontractors, commercial manufacturers, and end users.
Servotronics, Inc., together with its subsidiaries, engages in designing, manufacturing, and marketing advanced technology products in the United States and internationally. The company operates in two segments, Advanced Technology Group (ATG) and Consumer Products Group (CPG).
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Last Trade: 7.25
Day's Range: 7.25 - 7.2552wk Range: 4.53 - 12.76Change: 0.00 (0.00%)
Volume: 0
Avg Vol (3m): 2,930.3
ABOUT Servotronics, Inc.Servotronics, Inc., together with its subsidiaries, engages in designing, manufacturing, and marketing advanced technology products in the United States and internationally. The company operates in two segments, Advanced Technology Group (ATG) and Consumer Products Group (CPG). The ATG segment designs, manufactures, and markets various servo-control components, which convert an electrical current into a mechanical force or movement and other related products. It offers torque motors, electromagnetic actuators, hydraulic valves, and pneumatic valves primarily to the commercial aerospace, missile, aircraft, and government related industries, as well as to medical and industrial markets. This segment also produces metallic seals of various cross-sectional configurations, which fit between two surfaces to produce leak-proof joint, as well as to close tolerances from alloy steels. It markets its products directly and through its field engineering representatives to the United States government, government prime contractors and subcontractors, commercial manufacturers, and end users. The CPG segment designs, manufactures, and sells various cutlery products, including kitchen knives, such as steak, carving, bread, butcher, and paring knives for household use, as well as for use in restaurants, institutions, and private industries; and pocket and other types of knives for hunting, fishing, and camping. Its products include machetes and bayonets for military use; and other cutlery items, including various specialty tools, putty knives, linoleum sheet cutters, and field knives. This segment sells its products directly, and through independent manufacturers’ representatives to hardware, supermarket, variety, department, discount, gift, and drug stores, as well as to the United States government and related agencies under Old Hickory and Queen brand names. The company was founded in 1959 and is based in Elma, New York.
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