Franklin Wireless (NASDAQ:FKWL) Stock Price Up 1.7%

Franklin Wireless Corp. (NASDAQ:FKWLGet Free Report)’s share price traded up 1.7% during mid-day trading on Thursday . The stock traded as high as $3.02 and last traded at $2.99. 4,798 shares traded hands during trading, a decline of 68% from the average session volume of 15,019 shares. The stock had previously closed at $2.94.

Franklin Wireless Stock Performance

The stock has a market capitalization of $35.23 million, a price-to-earnings ratio of -15.74 and a beta of 0.07. The company has a 50-day moving average of $2.91 and a 200-day moving average of $2.98.

Franklin Wireless (NASDAQ:FKWLGet Free Report) last issued its quarterly earnings results on Wednesday, February 14th. The company reported ($0.06) earnings per share for the quarter. The business had revenue of $8.85 million during the quarter. Franklin Wireless had a negative net margin of 5.03% and a negative return on equity of 5.88%.

Franklin Wireless Company Profile

(Get Free Report)

Franklin Wireless Corp. provides integrated wireless solutions. The company's products include 5G/4G wireless broadband products, such as wi-fi mobile hotspot, fixed wireless routers, and enterprise gateway CPE; and IoT tracking and connected devices, including smart IoT tracking device, connected car, and home phone connect.

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