BK Technologies Co. (NYSEAMERICAN:BKTI - Get Free Report) was up 0.2% during trading on Friday . The stock traded as high as $34.50 and last traded at $33.95. Approximately 22,665 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 29,052 shares. The stock had previously closed at $33.87.
BK Technologies Stock Up 0.2 %
The stock has a market cap of $120.86 million, a P/E ratio of 24.78 and a beta of 1.24.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Geode Capital Management LLC grew its stake in BK Technologies by 52.7% in the 3rd quarter. Geode Capital Management LLC now owns 30,224 shares of the company's stock valued at $658,000 after buying an additional 10,431 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of BK Technologies by 19.4% during the second quarter. Dimensional Fund Advisors LP now owns 54,086 shares of the company's stock worth $692,000 after acquiring an additional 8,798 shares during the period. Renaissance Technologies LLC grew its position in shares of BK Technologies by 52.5% in the second quarter. Renaissance Technologies LLC now owns 141,816 shares of the company's stock valued at $1,815,000 after purchasing an additional 48,838 shares during the last quarter. Finally, Bard Associates Inc. increased its stake in shares of BK Technologies by 0.6% during the third quarter. Bard Associates Inc. now owns 143,448 shares of the company's stock worth $3,123,000 after purchasing an additional 871 shares during the period. 55.05% of the stock is owned by institutional investors and hedge funds.
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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