BK Technologies (NYSEAMERICAN:BKTI - Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.35 per share and revenue of $16.80 million for the quarter.
BK Technologies Price Performance
BKTI traded up $0.77 during trading on Friday, hitting $28.41. The stock had a trading volume of 17,922 shares, compared to its average volume of 32,701. The company has a market capitalization of $101.14 million, a PE ratio of 20.74 and a beta of 1.22. BK Technologies has a one year low of $11.15 and a one year high of $38.70.
Wall Street Analyst Weigh In
Separately, Lake Street Capital initiated coverage on BK Technologies in a research note on Friday, February 14th. They issued a "buy" rating and a $40.00 price target for the company.
Read Our Latest Stock Report on BK Technologies
Hedge Funds Weigh In On BK Technologies
An institutional investor recently raised its position in BK Technologies stock. Bank of America Corp DE raised its stake in BK Technologies Co. (NYSEAMERICAN:BKTI - Free Report) by 3,882.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 916 shares of the company's stock after acquiring 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 quarter. Institutional investors and hedge funds own 55.05% of the company's stock.
BK Technologies Company Profile
(
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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