Wireless Telecom Group (NYSEAMERICAN:WTT) Shares Cross Above 200 Day Moving Average of $0.00

Wireless Telecom Group, Inc. (NYSEAMERICAN:WTTGet Rating)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $1.53. Wireless Telecom Group shares last traded at $1.51, with a volume of 29,292 shares.

Wall Street Analysts Forecast Growth

Separately, TheStreet downgraded shares of Wireless Telecom Group from a “c” rating to a “d” rating in a research note on Thursday, June 2nd.

Wireless Telecom Group Trading Up 3.1 %

The company has a market cap of $32.28 million, a PE ratio of 4.30 and a beta of 0.96.

Institutional Trading of Wireless Telecom Group

An institutional investor recently raised its position in Wireless Telecom Group stock. Shufro Rose & Co. LLC increased its position in shares of Wireless Telecom Group, Inc. (NYSEAMERICAN:WTTGet Rating) by 146.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,915 shares of the technology company’s stock after buying an additional 33,189 shares during the period. Shufro Rose & Co. LLC owned 0.24% of Wireless Telecom Group worth $96,000 at the end of the most recent reporting period. 20.92% of the stock is owned by hedge funds and other institutional investors.

About Wireless Telecom Group

(Get Rating)

Wireless Telecom Group, Inc, together with its subsidiaries, designs, develops, manufactures, and markets radio frequency (RF) and microwave devices in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company also engages in development, testing, and deployment of wireless technology.

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