Franklin Wireless (OTCMKTS:FKWL) Shares Up 2.8%

Franklin Wireless Corp. (OTCMKTS:FKWLGet Free Report) was up 2.8% on Friday . The stock traded as high as $3.63 and last traded at $3.63. Approximately 11,670 shares were traded during mid-day trading, a decline of 17% from the average daily volume of 14,082 shares. The stock had previously closed at $3.53.

Franklin Wireless Trading Up 2.8 %

The stock has a 50 day moving average of $3.09 and a 200-day moving average of $3.03. The stock has a market capitalization of $42.78 million, a P/E ratio of -11.71 and a beta of 0.08.

Franklin Wireless (OTCMKTS:FKWLGet Free Report) last released its earnings results on Wednesday, May 15th. The company reported ($0.10) earnings per share for the quarter. The business had revenue of $6.18 million for the quarter. Franklin Wireless had a negative return on equity of 4.69% and a negative net margin of 4.77%.

About Franklin Wireless

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Franklin Wireless Corp. provides integrated wireless solutions. The company's products include 5G/4G wireless broadband products, such as wi-fi mobile hotspot, fixed wireless routers, and enterprise gateway CPE; and IoT tracking and connected devices, including smart IoT tracking device, connected car, and home phone connect.

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