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

BK Technologies logo with Computer and Technology background

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

BK Technologies Price Performance

Shares of NYSEAMERICAN BKTI traded up $3.24 during midday trading on Thursday, reaching $31.50. The stock had a trading volume of 75,529 shares, compared to its average volume of 28,487. The stock has a market cap of $111.51 million, a PE ratio of 39.77 and a beta of 1.18. BK Technologies has a 12-month low of $11.06 and a 12-month high of $33.45.

Insiders Place Their Bets

In related news, Director Joshua Horowitz purchased 3,330 shares of the firm's stock in a transaction on Monday, August 19th. The shares were acquired at an average price of $19.86 per share, for a total transaction of $66,133.80. Following the purchase, the director now directly owns 90,000 shares in the company, valued at $1,787,400. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 9.48% of the stock is currently owned by corporate insiders.

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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