Frequency Electronics (FEIM) to Release Earnings on Thursday

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Frequency Electronics (NASDAQ:FEIM) is scheduled to issue its quarterly earnings data after the market closes on Thursday, December 12th. Parties that are interested in participating in the company’s conference call can do so using this link.

Frequency Electronics (NASDAQ:FEIM) last posted its earnings results on Monday, September 16th. The communications equipment provider reported ($0.07) EPS for the quarter. The business had revenue of $12.55 million for the quarter. Frequency Electronics had a negative return on equity of 4.95% and a negative net margin of 6.17%.

Frequency Electronics stock opened at $9.40 on Wednesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 7.88 and a quick ratio of 4.33. Frequency Electronics has a one year low of $9.39 and a one year high of $13.52. The company’s fifty day moving average price is $10.69 and its two-hundred day moving average price is $11.31.

In other news, major shareholder Owl Creek Asset Management, L. purchased 6,700 shares of the firm’s stock in a transaction on Friday, September 20th. The stock was bought at an average cost of $38.05 per share, for a total transaction of $254,935.00. Also, Director Edenbrook Capital, Llc purchased 4,553 shares of the firm’s stock in a transaction on Tuesday, September 17th. The shares were purchased at an average price of $11.21 per share, with a total value of $51,039.13. The disclosure for this purchase can be found here. Insiders have acquired 23,779 shares of company stock worth $450,784 over the last three months. Company insiders own 37.70% of the company’s stock.

Separately, ValuEngine raised shares of Frequency Electronics from a “hold” rating to a “buy” rating in a research report on Friday, November 1st.

About Frequency Electronics

Frequency Electronics, Inc designs, develops, manufactures, and sells 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, frequency generation, and synchronization products and subsystems used in communication satellites, terrestrial cellular telephone, or other ground-based telecommunication stations; and other components and systems for the United States military.

Read More: Understanding dividend yield and dividend payout ratio

Earnings History for Frequency Electronics (NASDAQ:FEIM)

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