Franklin Wireless (OTCMKTS:FKWL) Stock Price Up 5.9% - What's Next?

Key Points

• Franklin Wireless Corp. stock surged by 5.9% during trading, closing at $4.85 after hitting a high of $4.95.
• The trading volume increased significantly, with approximately 79,922 shares exchanged, marking a 153% rise from the average daily volume.
• Franklin Wireless has a market cap of $57.13 million and offers integrated wireless solutions including 5G/4G broadband products and IoT connected devices.

Franklin Wireless Corp. (OTCMKTS:FKWL - ) rose 5.9% during trading on Friday . The stock traded as high as $4.95 and last traded at $4.85. Approximately 79,922 shares were traded during trading, an increase of 153% from the average daily volume of 31,638 shares. The stock had previously closed at $4.58.

Franklin Wireless Stock Up 5.9%

The stock has a market cap of $57.13 million, a price-to-earnings ratio of -28.53 and a beta of 0.45. The company has a 50 day simple moving average of $4.16 and a 200 day simple moving average of $4.35.

About Franklin Wireless

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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