Optex Systems (NASDAQ:OPXS) Announces Earnings Results

Optex Systems (NASDAQ:OPXS) announced its quarterly earnings results on Monday. The company reported $0.12 earnings per share for the quarter, Zacks reports. Optex Systems had a return on equity of 22.21% and a net margin of 11.08%.

Optex Systems Price Performance

Shares of NASDAQ OPXS opened at $6.58 on Monday. The firm has a market capitalization of $45.37 million, a PE ratio of 11.95 and a beta of 0.34. Optex Systems has a 1-year low of $5.52 and a 1-year high of $10.30. The business’s fifty day moving average price is $7.26 and its two-hundred day moving average price is $7.85.

Insider Activity

In other news, insider Topline Capital Management, Ll sold 12,488 shares of Optex Systems stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $7.01, for a total transaction of $87,540.88. Following the sale, the insider now owns 793,575 shares of the company’s stock, valued at approximately $5,562,960.75. The trade was a 1.55 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 30.30% of the company’s stock.

Optex Systems Company Profile

Optex Systems Holdings, Inc manufactures and sells optical sighting systems and assemblies primarily for the U.S. department of defense, foreign military applications, and commercial markets in the United States. It offers periscopes, such as laser and non-laser protected plastic and glass periscopes, electronic M17 day/thermal periscopes, and vision blocks; sighting systems, including back up sights, digital day and night sighting systems, M36 thermal periscope, unity mirrors, optical weapon system support and maintenance, commander weapon station sights, and sight assembly refurbishments; howitzers comprising M137 telescope, M187 mount, M119 aiming device, XM10 and aiming circles; and applied optics center consisting of laser interference filter, optical assemblies, laser filter units, day windows, and specialty thin film coatings, as well as other products, such as muzzle reference systems, binoculars, collimators, optical lenses and elements, and windows.