Blonder Tongue Laboratories (NYSE:BDR) Coverage Initiated at StockNews.com

Equities researchers at StockNews.com began coverage on shares of Blonder Tongue Laboratories (NYSE:BDR – Get Rating) in a research report issued on Monday. The firm set a “hold” rating on the stock.

Blonder Tongue Laboratories Price Performance

Shares of BDR stock opened at $0.31 on Monday. Blonder Tongue Laboratories has a 12 month low of $0.28 and a 12 month high of $1.91. The firm’s 50 day simple moving average is $0.31.

Blonder Tongue Laboratories Company Profile

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Blonder Tongue Laboratories, Inc operates as a technology development and manufacturing company, which engages in delivering television signal encoding, transcoding, digital transport, and broadband product solutions for applications. It also offers system operators and integrators serving the cable, broadcast, satellite, institutional, and professional video markets with solutions for the provision of content contribution, distribution, and video delivery to homes and businesses.