Frequency Electronics, Inc. (NASDAQ:FEIM) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $12.14. Frequency Electronics shares last traded at $11.67, with a volume of 301 shares.

The company has a 50 day moving average of $11.61.

Several hedge funds and other institutional investors have recently modified their holdings of FEIM. Morgan Stanley lifted its stake in shares of Frequency Electronics by 106.7% in the third quarter. Morgan Stanley now owns 179,197 shares of the communications equipment provider’s stock worth $1,858,000 after buying an additional 92,497 shares in the last quarter. BlackRock Inc. lifted its position in Frequency Electronics by 3.7% during the fourth quarter. BlackRock Inc. now owns 191,798 shares of the communications equipment provider’s stock valued at $2,033,000 after purchasing an additional 6,882 shares during the period. Dimensional Fund Advisors LP lifted its position in Frequency Electronics by 1.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 690,241 shares of the communications equipment provider’s stock valued at $7,317,000 after purchasing an additional 10,416 shares during the period. Moors & Cabot Inc. lifted its position in Frequency Electronics by 100.0% during the first quarter. Moors & Cabot Inc. now owns 77,634 shares of the communications equipment provider’s stock valued at $926,000 after purchasing an additional 38,817 shares during the period. Finally, Royce & Associates LP lifted its position in Frequency Electronics by 7.9% during the first quarter. Royce & Associates LP now owns 532,912 shares of the communications equipment provider’s stock valued at $6,315,000 after purchasing an additional 39,121 shares during the period. Hedge funds and other institutional investors own 45.72% of the company’s stock.

Frequency Electronics Company Profile (NASDAQ:FEIM)

Frequency Electronics, Inc designs, develops, manufactures, and sells precision time and frequency control products and components for microwave integrated circuit applications. It operates through two segments, FEI-NY and FEI-Zyfer. The FEI-NY segment offers precision time, frequency generation, and synchronization products and subsystems used in communication satellites, terrestrial cellular telephone, or other ground-based telecommunication stations; and other components and systems for the United States military.

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