Bk Technologies (NYSEAMERICAN:BKTI) Stock Price Down 0.3% – Time to Sell?

Bk Technologies, Inc. (NYSEAMERICAN:BKTI – Get Free Report) shares were down 0.3% during mid-day trading on Friday. The company traded as low as $66.00 and last traded at $66.54. Approximately 59,489 shares traded hands during trading, an increase of 17% from the average daily volume of 50,796 shares. The stock had previously closed at $66.73.

Bk Technologies Price Performance

The stock has a market capitalization of $250.86 million, a price-to-earnings ratio of 19.57 and a beta of 0.57. The business’s 50-day simple moving average is $73.05 and its two-hundred day simple moving average is $80.39.

Bk Technologies (NYSEAMERICAN:BKTI – Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.14. Bk Technologies had a net margin of 15.00% and a return on equity of 34.22%. The company had revenue of $23.41 million during the quarter, compared to the consensus estimate of $22.60 million. Bk Technologies has set its FY 2026 guidance at 3.550- EPS.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Tidal Investments LLC boosted its position in shares of Bk Technologies by 43.1% in the second quarter. Tidal Investments LLC now owns 5,875 shares of the company’s stock worth $505,000 after buying an additional 1,769 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in shares of Bk Technologies during the 2nd quarter valued at about $173,000. NewEdge Advisors LLC acquired a new position in Bk Technologies during the 2nd quarter worth approximately $237,000. IFP Advisors Inc lifted its position in Bk Technologies by 97.0% during the 2nd quarter. IFP Advisors Inc now owns 3,126 shares of the company’s stock worth $269,000 after acquiring an additional 1,539 shares in the last quarter. Finally, Globeflex Capital L P acquired a new position in Bk Technologies during the 2nd quarter worth approximately $284,000. 55.05% of the stock is owned by hedge funds and other institutional investors.

About Bk Technologies

(Get Free Report)

BK Technologies Corporation develops, manufactures and sells wireless communications equipment for public safety, government and commercial users. Its offerings are designed for mission-critical voice communications in environments where reliable radio coverage and durable equipment are essential.

The company’s product portfolio includes land mobile radio systems, portable and mobile radios, base stations, repeaters and related accessories. Its equipment supports both conventional and Project 25 (P25) digital communications and is marketed under the BK Technologies and BK Radio names.

BK Technologies serves federal, state and local public-safety agencies, including law enforcement, fire and emergency-response organizations.

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