MKTY Mechanical Technology Dashboard

Based in Albany, New York, MTI Instruments, Inc., a wholly-owned subsidiary of Mechanical Technology, Incorporated, is a global leader in non-contact measurement tools and condition-based monitoring systems with a growing customer base spanning more than 60 countries. MTI Instruments has a rich history in innovation for developing and manufacturing sensors and systems to help clients secure the highest level of accurate measurements in order to drive innovation, identify efficiencies and increase competitiveness. MTI Instruments provides comprehensive solutions to better address challenges and applications within numerous industries, including industrial manufacturing, consumer electronics, semiconductor, solar, commercial and military aviation, automotive, transportation and R&D.

Company profile

Ticker

MKTY

Exchange

Website

Incorporated

Location

Fiscal year end

Sector

Manufacturing > Electromedical and Electrotherapeutic Apparatus Manufacturing

Industry (SIC)

Measuring & Controlling Devices, NEC

Thermo Fisher Scientific • Rockwell Automation • Trimble • Cubic • MTS Systems • Faro • Onto Innovation • Sandbridge Acquisition • Geospace Technologies • 908 Devices ...

SEC CIK

0000064463

Corporate docs

Articles of Incorporation & Bylaws

IRS number

141462255

MKTY stock data

S&P 500

1M 1Y 2Y 5Y

News

Pro users get this 30m faster

12 Information Technology Stocks Moving In Tuesday's Pre-Market Session

18 May 21

52 Biggest Movers From Yesterday

28 Apr 21

Gainers Brooklyn ImmunoTherapeutics, Inc. (NYSE: BTX) gained 51.2% to close at $24.90 on Tuesday. Urban Tea, Inc. (NASDAQ: MYT) rose 38.1% to settle at $4.64.

11 Information Technology Stocks Moving In Tuesday's Intraday Session

27 Apr 21

38 Stocks Moving In Tuesday's Mid-Day Session

27 Apr 21

Mid-Morning Market Update: Markets Edge Lower; General Electric Reports Mixed Q1 Results

27 Apr 21

Press releases

Pro users get this 30m faster

EcoChain, Inc. Reports Monthly Site Level Financials as it Continues to Scale Up

10 Jun 21

ALBANY, N.Y., June 10, 2021 /PRNewswire/ -- EcoChain, Inc. ("EcoChain"), a wholly-owned subsidiary of Mechanical Technology, Incorporated ("MTI" or the "Company"), (NASDAQ:MKTY), a cryptocurrency

Mechanical Technology, Incorporated to Present at Summer Solstice – Best Ideas from the Buy-Side on June 1st at 10:00 am ET

28 May 21

ALBANY, NY / ACCESSWIRE / May 28, 2021 / Mechanical Technology, Incorporated ("MTI" or the "Company"), (NASDAQ:MKTY), the parent company of MTI Instruments, Inc. ("MTI Instruments"), a test

Mechanical Technology, Incorporated First Quarter 2021 Financial Results

18 May 21

ALBANY, N.Y., May 18, 2021 /PRNewswire/ -- Mechanical Technology, Incorporated ("MTI" or the "Company"), (NASDAQ:MKTY), the parent company of MTI Instruments, Inc. ("MTI Instruments"), a test and

EcoChain, Inc. Presents an Illustration and Application of its Business Model as Capacity Ramps Towards 50MW 2021 Target

13 May 21

Mechanical Technology Announces Presentation at Q2 Investor Summit

11 May 21

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

17 May 21

13 Jun 21

31 Dec 21

Financial summary

Financial statements Chart MKTY financial data

Quarter (USD)	Mar 21	Dec 20	Dec 17	Sep 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 17	Dec 16	Dec 15
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Recent insider trades

MKTY insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
13 May 21	Alykhan Madhavji	Stock Options Common Stock	Grant	Aquire A	No	No	7.52	26,600	200.03K	41,600
13 May 21	David C Michaels	Stock Options Common Stock	Grant	Aquire A	No	No	7.52	26,600	200.03K	69,600
13 May 21	Edward R Hirshfield	Stock Options Common Stock	Grant	Aquire A	No	No	7.52	26,600	200.03K	34,100
13 May 21	Matthew E. Lipman	Stock Options Common Stock	Grant	Aquire A	No	No	7.52	26,600	200.03K	34,100
13 May 21	Thomas J Marusak	Stock Options Common Stock	Grant	Aquire A	No	No	7.52	26,600	200.03K	71,100

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

MKTY institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

0.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1	0	NEW
Opened positions	1	0	NEW
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	0	0
Total shares	24	0	NEW
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
FormulaFolio Investments	24	$0	NEW

Largest transactions	Shares	Bought/sold	Change
FormulaFolio Investments	24	+24	NEW

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Schmitt Industries

Management Discussion

Prior to 2020 we conducted our sole business through our wholly-owned subsidiary MTI Instruments, a supplier of vibration measurement and system balancing solutions, precision linear displacement sensors, instruments and system solutions, and wafer inspection tools. We earn revenue through the sale of these products and the provision of related maintenance and repair services. Revenue from MTI Instruments' business constituted 93.8% of our total revenue during 2020, and we expect that we will continue to earn most of our revenues through this business in the foreseeable future. We continue to work on ways to increase our sales reach, including expanded worldwide sales coverage and enhanced internet marketing, with respect to this business.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. junior Avg

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From filing 10-Q 2020 Q1