Shares of Franklin Wireless Corp. (OTCMKTS:FKWL - Get Free Report) dropped 2.7% during trading on Thursday . The company traded as low as $5.38 and last traded at $5.80. Approximately 53,597 shares changed hands during trading, an increase of 5% from the average daily volume of 50,808 shares. The stock had previously closed at $5.96.
Franklin Wireless Price Performance
The company has a market cap of $69.86 million, a price-to-earnings ratio of -34.88 and a beta of 0.32. The firm has a 50 day simple moving average of $5.69 and a 200-day simple moving average of $4.81.
About Franklin Wireless
(
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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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