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Servotronics Inc V.SVT


Primary Symbol: SVT

Servotronics, Inc. develops and manufactures servo controls and other components for various commercial and government applications, including aircraft, jet engines, missiles, manufacturing equipment and other aerospace applications. The Company's Advanced Technology Group (ATG) segment designs, manufactures, and markets a variety of servo-control components, which convert an electrical current into a mechanical force or movement and other related products. Its servo-control components produced include torque motors, electromagnetic actuators, hydraulic valves, pneumatic valves, and similar devices. Its operating facilities are located in Elma and Franklinville, New York. The Company’s products are marketed and sold throughout the United States and in selected foreign markets.


NYSEAM:SVT - Post by User

Comment by vinniePon Sep 06, 2019 8:06am
98 Views
Post# 30101373

RE:The Street does NOT Like this Deal.

RE:The Street does NOT Like this Deal.
2stereo wrote: Let's see if it closes.


If it doesn’t close what’s next? It’s hard to believe there’s any concrete backup plan that wouldn’t  send this below $0.02. What a disappointment from last years financing, which had language in it that spoke of a $0.20 SP. 
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