StockNews.com started coverage on shares of PCTEL (NASDAQ:PCTI – Get Rating) in a note issued to investors on Thursday. The brokerage set a “buy” rating on the Wireless communications provider’s stock.
NASDAQ PCTI opened at $4.34 on Thursday. The stock has a market capitalization of $80.09 million, a price-to-earnings ratio of 434.43 and a beta of 0.39. PCTEL has a twelve month low of $4.16 and a twelve month high of $7.15. The stock has a 50-day moving average of $4.53 and a 200 day moving average of $5.17.
PCTEL (NASDAQ:PCTI – Get Rating) last released its quarterly earnings results on Thursday, February 24th. The Wireless communications provider reported $0.08 earnings per share for the quarter. PCTEL had a return on equity of 2.92% and a net margin of 0.17%. The company 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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