Zacks Initiates Coverage of Servotronics With Outperform Recommendation

Servotronics boasts a strong balance sheet, with an operating cash flow of $2.8 million in the first quarter of 2024, providing the financial flexibility needed to invest in growth initiatives. The company replaced its previous line of credit with a new three-year financing agreement, ensuring continued support for its operations and expansion plans. Read the full Research Report on Servotronics here>>> Zacks Investment Research has recently initiated the coverage of Servotronics, Inc. (SVT) with an "Outper ...