Franklin Wireless Corp. (OTCMKTS:FKWL – Get Free Report) dropped 0.6% on Thursday . The stock traded as low as $4.28 and last traded at $4.37. Approximately 1,650 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 13,233 shares. The stock had previously closed at $4.40.
Franklin Wireless Price Performance
The firm has a fifty day moving average price of $4.29 and a two-hundred day moving average price of $3.81. The stock has a market capitalization of $51.53 million, a PE ratio of -13.25 and a beta of 0.20.
Franklin Wireless (OTCMKTS:FKWL – Get Free Report) last released its earnings results on Monday, September 30th. The company reported ($0.15) earnings per share for the quarter. The business had revenue of $6.12 million during the quarter. Franklin Wireless had a negative return on equity of 4.69% and a negative net margin of 4.77%.
Franklin Wireless Company Profile
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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