Maris-Tech (NASDAQ:MTEK) Stock Price Up 1.5% – Time to Buy?

Maris-Tech Ltd. (NASDAQ:MTEK) shares shot up 1.5% during trading on Friday . The stock traded as high as $3.56 and last traded at $3.45. 30,892 shares were traded during trading, a decline of 68% from the average session volume of 96,765 shares. The stock had previously closed at $3.40.

Maris-Tech Stock Up 1.5%

The firm has a 50-day moving average price of $2.76 and a 200 day moving average price of $2.72. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.88 and a current ratio of 2.68.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Maris-Tech stock. AMH Equity Ltd raised its holdings in Maris-Tech Ltd. (NASDAQ:MTEK) by 5.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 770,000 shares of the company’s stock after buying an additional 40,000 shares during the period. Maris-Tech comprises about 2.5% of AMH Equity Ltd’s holdings, making the stock its 14th largest position. AMH Equity Ltd owned 9.50% of Maris-Tech worth $1,656,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 0.55% of the company’s stock.

About Maris-Tech

Maris-Tech Ltd. designs and manufactures digital video and audio hardware and software solutions for the professionals, as well as the civilian and home security markets worldwide. The company offers intelligent video surveillance solutions, communication technology products, modular video encoding/decoding platform, ultra-low latency streaming solutions, dual channel low power encoder systems, multi channel encoding streaming and recording platform, miniature recording and streaming platforms, and video encoding and decoding platform.