Franklin Wireless Corp. (OTCMKTS:FKWL – Get Free Report)’s stock price dropped 0.6% on Thursday . The stock traded as low as $4.28 and last traded at $4.37. Approximately 1,650 shares were traded during trading, a decline of 88% from the average daily volume of 13,233 shares. The stock had previously closed at $4.40.
Franklin Wireless Price Performance
The business has a 50-day moving average of $4.30 and a 200-day moving average of $3.82. The company has a market capitalization of $50.32 million, a P/E ratio of -12.94 and a beta of 0.20.
Franklin Wireless (OTCMKTS:FKWL – Get Free Report) last issued its earnings results on Monday, September 30th. The company reported ($0.15) EPS for the quarter. Franklin Wireless had a negative net margin of 4.77% and a negative return on equity of 4.69%. The firm had revenue of $6.12 million during the quarter.
About Franklin Wireless
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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