Franklin Wireless (OTCMKTS:FKWL) Stock Price Down 1.7% – Here’s Why

by · The Cerbat Gem

Shares of Franklin Wireless Corp. (OTCMKTS:FKWL – Get Free Report) fell 1.7% during mid-day trading on Friday . The company traded as low as $4.11 and last traded at $4.11. 4,538 shares changed hands during trading, a decline of 62% from the average session volume of 12,062 shares. The stock had previously closed at $4.18.

Franklin Wireless Stock Performance

The firm has a 50 day moving average of $4.31 and a two-hundred day moving average of $4.37. The stock has a market cap of $48.42 million, a P/E ratio of -24.18 and a beta of 0.24.

Franklin Wireless Company Profile

(Get Free Report)

Franklin Wireless Corporation (OTCMKTS:FKWL) is a wireless broadband device and solutions provider specializing in the design, development and manufacture of mobile broadband hardware. The company focuses on delivering high-performance 4G LTE and 5G connectivity products to service providers, enterprises and consumers. Headquartered in the United States with research and production facilities in Asia, Franklin Wireless combines global engineering expertise with manufacturing capabilities to address evolving wireless network requirements.

Franklin Wireless’s product portfolio includes portable Wi-Fi hotspots, USB data modems, indoor and outdoor routers, fixed wireless gateways, and embedded OEM modules.

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