BK Technologies (NYSEAMERICAN:BKTI - Get Free Report) will likely be announcing its earnings results before the market opens on Monday, March 24th. Analysts expect the company to announce earnings of $0.35 per share and revenue of $16.80 million for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.
BK Technologies Stock Performance
Shares of BKTI stock traded down $1.98 during mid-day trading on Monday, reaching $29.90. The stock had a trading volume of 10,375 shares, compared to its average volume of 32,078. BK Technologies has a 1-year low of $11.67 and a 1-year high of $38.70. The firm has a market capitalization of $106.44 million, a PE ratio of 21.82 and a beta of 1.22.
Analyst Ratings Changes
Separately, Lake Street Capital initiated coverage on BK Technologies in a report on Friday, February 14th. They issued a "buy" rating and a $40.00 price objective for the company.
Check Out Our Latest Analysis on BK Technologies
Institutional Trading of BK Technologies
A hedge fund recently raised its stake in BK Technologies stock. Bank of America Corp DE boosted its stake in shares of BK Technologies Co. (NYSEAMERICAN:BKTI - Free Report) by 3,882.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 916 shares of the company's stock after purchasing an additional 893 shares during the period. Bank of America Corp DE's holdings in BK Technologies were worth $31,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 55.05% of the company's stock.
About BK Technologies
(
Get Free Report)
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).
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