News headlines about RELM Wireless (NYSE:RWC) have trended somewhat positive on Wednesday, according to Accern Sentiment. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. RELM Wireless earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned headlines about the company an impact score of 50 out of 100, indicating that recent news coverage is somewhat likely to have an effect on the stock’s share price in the next several days.
Separately, TheStreet downgraded RELM Wireless from a “b” rating to a “c” rating in a research note on Monday, June 12th.
RELM Wireless (NYSE:RWC) traded down 2.56% during trading on Wednesday, reaching $3.80. The company had a trading volume of 113 shares. The stock has a market cap of $52.42 million and a P/E ratio of 65.52. The firm has a 50-day moving average price of $4.28 and a 200 day moving average price of $4.83. RELM Wireless has a 12-month low of $3.60 and a 12-month high of $5.83.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 17th. Stockholders of record on Friday, June 30th will be issued a dividend of $0.02 per share. The ex-dividend date of this dividend is Wednesday, June 28th. This represents a $0.08 annualized dividend and a dividend yield of 2.05%.
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RELM Wireless Company Profile
RELM Wireless Corporation (RELM) provides two-way radio communications equipment. RELM designs, manufactures and markets wireless communications products consisting of two-way land mobile radios, repeaters, base stations, and related components and subsystems. Two-way land mobile radios include units that are hand-held (portable) or installed in vehicles (mobile).
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