BK Technologies (NYSEAMERICAN:BKTI) Releases FY 2024 Earnings Guidance

BK Technologies (NYSEAMERICAN:BKTI) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.920-1.920 for the period. The company issued revenue guidance of -.

BK Technologies Trading Up 11.5 %

BK Technologies stock traded up $3.25 during midday trading on Thursday, hitting $31.51. The stock had a trading volume of 41,210 shares, compared to its average volume of 28,331. BK Technologies has a 52-week low of $11.06 and a 52-week high of $31.99. The firm has a market capitalization of $111.55 million, a price-to-earnings ratio of 39.77 and a beta of 1.18.

Insider Buying and Selling

In other BK Technologies news, Director Joshua Horowitz bought 3,330 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The stock was purchased at an average price of $19.86 per share, for a total transaction of $66,133.80. Following the completion of the transaction, the director now owns 90,000 shares of the company’s stock, valued at $1,787,400. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 9.48% of the stock is currently owned by insiders.

About BK Technologies

BK Technologies Corporation, through its subsidiary, BK Technologies, Inc, engages in design, manufacture, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios (LMR) that are hand-held (portable) or installed in vehicles (mobile).