Microwave Filter (OTCMKTS:MFCO) Shares Climb 13.3% – Time to Buy?

Microwave Filter Co. (OTCMKTS:MFCO)’s share price was up 13.3% on Wednesday. The stock traded as high as $1.70 and last traded at $1.70. 200 shares were traded during trading, a decline of 66% from the average session volume of 586 shares. The stock had previously closed at $1.50.

Microwave Filter Price Performance

The business’s 50 day moving average price is $1.53 and its 200-day moving average price is $1.16. The company has a market cap of $4.37 million, a P/E ratio of 13.08 and a beta of 0.13.

Microwave Filter (OTCMKTS:MFCO) last released its quarterly earnings results on Friday, August 14th. The company reported $0.01 EPS for the quarter. The business had revenue of $0.62 million for the quarter.

Microwave Filter Company Profile

Microwave Filter Company, Inc (OTCMKTS: MFCO) designs and manufactures radio-frequency (RF) and microwave filtering products. Its solutions are used to select, separate, combine and control signals across communications and other electronic systems.

The company’s product offerings include custom and standard filters, duplexers, multiplexers and related RF components. Microwave Filter serves applications such as wireless communications, satellite and space systems, defense electronics, broadcast, public safety and industrial equipment.

The company is based in East Syracuse, New York, and has operated as a specialized RF and microwave component manufacturer for several decades.