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Franklin Wireless (OTCMKTS:FKWL) Trading Down 0.7% - Here's Why

Franklin Wireless logo with Computer and Technology background

Franklin Wireless Corp. (OTCMKTS:FKWL - Get Free Report)'s share price 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 traded hands 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 Trading Down 14.0 %

The company has a market cap of $58.43 million, a P/E ratio of -29.17 and a beta of 0.69. The business's 50 day simple moving average is $5.91 and its 200 day simple moving average is $4.98.

About Franklin Wireless

(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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