Franklin Wireless Corp. (NASDAQ:FKWL – Get Free Report) shares rose 1.7% on Thursday . The company traded as high as $3.02 and last traded at $2.99. Approximately 4,798 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 15,019 shares. The stock had previously closed at $2.94.
Franklin Wireless Trading Down 0.7 %
The business’s 50 day moving average price is $2.91 and its two-hundred day moving average price is $2.98. The company has a market capitalization of $34.99 million, a price-to-earnings ratio of -15.63 and a beta of 0.07.
Franklin Wireless (NASDAQ:FKWL – Get Free Report) last posted its earnings results on Wednesday, February 14th. The company reported ($0.06) EPS for the quarter. Franklin Wireless had a negative return on equity of 5.88% and a negative net margin of 5.03%. The business had revenue of $8.85 million for the quarter.
Franklin Wireless Company Profile
Franklin Wireless Corp. provides integrated wireless solutions. The company's products include 5G/4G wireless broadband products, such as wi-fi mobile hotspot, fixed wireless routers, and enterprise gateway CPE; and IoT tracking and connected devices, including smart IoT tracking device, connected car, and home phone connect.
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