Franklin Wireless (OTCMKTS:FKWL) Shares Down 0.7% – Here’s What Happened

Franklin Wireless Corp. (OTCMKTS:FKWLGet Free Report) shares dropped 0.7% during mid-day trading on Thursday . The stock traded as low as $5.50 and last traded at $5.77. Approximately 24,919 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 47,957 shares. The stock had previously closed at $5.81.

Franklin Wireless Stock Performance

The business has a fifty day simple moving average of $5.92 and a 200-day simple moving average of $4.96. The stock has a market capitalization of $67.97 million, a P/E ratio of -33.94 and a beta of 0.69.

Franklin Wireless Company Profile

(Get Free Report)

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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