Wireless Telecom Group (NYSEAMERICAN:WTT) Stock Passes Above Two Hundred Day Moving Average of $0.00

Shares of Wireless Telecom Group, Inc. (NYSEAMERICAN:WTTGet Rating) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $1.89. Wireless Telecom Group shares last traded at $1.85, with a volume of 21,206 shares traded.

Wireless Telecom Group Stock Performance

The stock has a market capitalization of $39.66 million, a PE ratio of 7.12 and a beta of 0.88.

Wireless Telecom Group (NYSEAMERICAN:WTTGet Rating) last issued its quarterly earnings data on Monday, November 14th. The technology company reported ($0.08) earnings per share (EPS) for the quarter. The firm had revenue of $5.33 million during the quarter, compared to analysts’ expectations of $8.99 million. Wireless Telecom Group had a negative return on equity of 6.78% and a net margin of 21.95%. As a group, analysts predict that Wireless Telecom Group, Inc. will post -0.25 earnings per share for the current year.

Institutional Trading of Wireless Telecom Group

An institutional investor recently bought a new position in Wireless Telecom Group stock. Atria Wealth Solutions Inc. acquired a new stake in Wireless Telecom Group, Inc. (NYSEAMERICAN:WTTGet Rating) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 66,836 shares of the technology company’s stock, valued at approximately $115,000. Atria Wealth Solutions Inc. owned about 0.29% of Wireless Telecom Group at the end of the most recent reporting period. Hedge funds and other institutional investors own 20.74% of the company’s stock.

Wireless Telecom Group Company Profile

(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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