Frequency Electronics (FEIM) Scheduled to Post Quarterly Earnings on Tuesday

Frequency Electronics (NASDAQ:FEIM) is set to issue its quarterly earnings data after the market closes on Tuesday, September 10th.

Frequency Electronics (NASDAQ:FEIM) last posted its quarterly earnings data on Monday, July 22nd. The communications equipment provider reported $0.28 earnings per share for the quarter. The business had revenue of $15.58 million for the quarter. Frequency Electronics had a return on equity of 15.13% and a net margin of 10.12%.

Frequency Electronics Trading Down 0.7 %

Shares of NASDAQ:FEIM traded down $0.09 during midday trading on Monday, reaching $13.65. The company had a trading volume of 2,010 shares, compared to its average volume of 48,536. The stock has a market cap of $130.63 million, a P/E ratio of 40.09 and a beta of 0.45. The company’s 50 day moving average price is $12.02 and its 200 day moving average price is $10.62. Frequency Electronics has a 52-week low of $6.36 and a 52-week high of $14.50.

Frequency Electronics Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, August 29th. Shareholders of record on Thursday, August 8th were paid a $1.00 dividend. The ex-dividend date was Thursday, August 8th.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Frequency Electronics from a “hold” rating to a “buy” rating in a research note on Friday, August 2nd.

About Frequency Electronics

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.