Headlines about Frequency Electronics (NASDAQ:FEIM) have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Frequency Electronics earned a media sentiment score of 0.02 on Accern’s scale. Accern also assigned news coverage about the communications equipment provider an impact score of 46.3858753574049 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Shares of Frequency Electronics (FEIM) opened at $9.62 on Tuesday. Frequency Electronics has a 1 year low of $7.53 and a 1 year high of $11.50.

Frequency Electronics (NASDAQ:FEIM) last posted its earnings results on Wednesday, December 13th. The communications equipment provider reported ($0.15) EPS for the quarter. The business had revenue of $9.34 million during the quarter. Frequency Electronics had a negative return on equity of 4.66% and a negative net margin of 8.13%.

In related news, insider Fund Lp Privet sold 85,200 shares of the company’s stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $9.00, for a total transaction of $766,800.00. Following the completion of the sale, the insider now directly owns 53,783 shares of the company’s stock, valued at approximately $484,047. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Edenbrook Capital, Llc acquired 157,400 shares of the firm’s stock in a transaction that occurred on Tuesday, November 7th. The shares were purchased at an average cost of $9.00 per share, with a total value of $1,416,600.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 175,700 shares of company stock valued at $1,581,054. 37.20% of the stock is owned by insiders.

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Frequency Electronics Company Profile

Frequency Electronics, Inc (FEI) is principally engaged in the design, development and manufacture of precision time and frequency control products and components for microwave integrated circuit applications. The Company operates in three segments: FEI-NY, Gillam-FEI and FEI-Zyfer. The FEI-NY segment also includes the operations of the Company’s subsidiaries, Frequency Electronics, Inc Asia (FEI-Asia) and FEI-Elcom Tech, Inc (FEI-Elcom).

Insider Buying and Selling by Quarter for Frequency Electronics (NASDAQ:FEIM)

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