StockNews.com began coverage on shares of PCTEL (NASDAQ:PCTI – Get Rating) in a research note issued to investors on Wednesday. The brokerage set a “buy” rating on the Wireless communications provider’s stock.
Shares of NASDAQ PCTI opened at $4.25 on Wednesday. The firm has a 50-day simple moving average of $4.62 and a 200-day simple moving average of $5.23. The stock has a market capitalization of $78.43 million, a price-to-earnings ratio of 425.43 and a beta of 0.35. PCTEL has a 52 week low of $4.22 and a 52 week high of $7.15.
PCTEL (NASDAQ:PCTI – Get Rating) last released its quarterly earnings data on Thursday, February 24th. The Wireless communications provider reported $0.08 earnings per share (EPS) for the quarter. PCTEL had a net margin of 0.17% and a return on equity of 2.92%. The firm had revenue of $26.01 million during the quarter.
About PCTEL (Get Rating)
PCTEL, Inc, together with its subsidiaries, provides industrial Internet of Thing devices (IoT), antenna systems, and test and measurement solutions worldwide. The company designs and manufactures precision antennas and industrial IoT devices that are deployed in small cells, enterprise Wi-Fi access points, fleet management and transit systems, and in equipment and devices for the industrial IoT.
- Get a free copy of the StockNews.com research report on PCTEL (PCTI)
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