BK Technologies (NYSEAMERICAN:BKTI - Get Free Report) will likely be releasing its Q1 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect BK Technologies to post earnings of $0.44 per share and revenue of $17.00 million for the quarter.
BK Technologies Stock Performance
Shares of NYSEAMERICAN BKTI traded down $2.26 during trading on Monday, reaching $45.01. 9,469 shares of the company traded hands, compared to its average volume of 32,712. BK Technologies has a 12-month low of $11.67 and a 12-month high of $48.43. The firm has a market cap of $160.24 million, a PE ratio of 32.85 and a beta of 1.22. The company has a fifty day moving average price of $37.87.
Institutional Investors Weigh In On BK Technologies
An institutional investor recently raised its position in BK Technologies stock. Bank of America Corp DE increased its stake in shares of BK Technologies Co. (NYSEAMERICAN:BKTI - Free Report) by 3,882.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 916 shares of the company's stock after purchasing an additional 893 shares during the quarter. Bank of America Corp DE's holdings in BK Technologies were worth $31,000 as of its most recent SEC filing. Institutional investors own 55.05% of the company's stock.
Analysts Set New Price Targets
Separately, Lake Street Capital upped their target price on shares of BK Technologies from $40.00 to $51.00 and gave the stock a "buy" rating in a report on Monday, April 21st.
Check Out Our Latest Analysis on BK Technologies
About BK Technologies
(
Get Free Report)
BK Technologies Corporation, through its subsidiary, BK Technologies, Inc, engages in design, manufacture, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios (LMR) that are hand-held (portable) or installed in vehicles (mobile).
See Also
Before you consider BK Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BK Technologies wasn't on the list.
While BK Technologies currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
