Airspan Networks (OTCMKTS:AIRO) Stock Price Up 0.9% - Here's Why

Key Points

• The share price of Airspan Networks Inc. (OTCMKTS:AIRO) increased by 0.9% during mid-day trading on Tuesday, reaching a high of $19.26 before closing at $19.20.
• Trading volume dropped significantly, with 729,934 shares changing hands, a decrease of 47% from the average session volume of 1,389,401 shares.
• Airspan Networks specializes in 4G and 5G network densification solutions and is headquartered in Boca Raton, Florida.

Airspan Networks Inc. (OTCMKTS:AIRO - )'s share price shot up 0.9% during mid-day trading on Tuesday . The company traded as high as $19.26 and last traded at $19.20. 729,934 shares traded hands during mid-day trading, a decline of 47% from the average session volume of 1,389,401 shares. The stock had previously closed at $19.02.

Airspan Networks Stock Performance

The stock's 50-day moving average price is $21.31 and its 200-day moving average price is $30.89.

Airspan Networks Company Profile

Airspan Networks, Inc engages in the provision of 4G and 5G network densification solutions. Its products include AirSON, aCore, iRelay, iBridge, and Netspan. The company was founded by Paul N. Senior in 1992 and is headquartered in Boca Raton, FL.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.