Frequency Electronics (NASDAQ:FEIM – Get Free Report) announced its quarterly earnings data on Thursday. The communications equipment provider reported $1.60 EPS for the quarter, Zacks reports. Frequency Electronics had a net margin of 13.02% and a return on equity of 21.49%.
Frequency Electronics Price Performance
FEIM opened at $14.06 on Friday. Frequency Electronics has a 12 month low of $8.62 and a 12 month high of $20.33. The stock has a market capitalization of $135.13 million, a P/E ratio of 17.15 and a beta of 0.41. The business has a 50 day simple moving average of $16.58 and a 200-day simple moving average of $14.84.
Analyst Ratings Changes
Separately, StockNews.com raised shares of Frequency Electronics from a “buy” rating to a “strong-buy” rating in a report on Friday, December 20th.
Frequency Electronics Company Profile
Frequency Electronics, Inc, together with its subsidiaries, engages in designing, development, and manufacturing of precision time and frequency control products and components for microwave integrated circuit applications. It operates through two segments, FEI-NY and FEI-Zyfer. The FEI-NY segment offers precision time and frequency control products for communication satellites, terrestrial cellular telephone or other ground-based telecommunication stations; and other components and systems for the U.S.
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