Westell Technologies (OTCMKTS:WSTL) Stock Price Up 3.7% - Here's What Happened

Key Points

• Shares rose 3.7% intraday to $6.47, with about 17,196 shares traded (roughly in line with average) after a prior close of $6.24.
• Strong liquidity and low leverage — current ratio 5.05, quick ratio 3.99, debt-to-equity 0.03 — but a negative P/E (-11.55) and a market cap of $102.33 million indicate the company is profitable-challenged.
• Westell designs and distributes telecommunications equipment across three segments (IBW, ISM, CNS), serving U.S. telephone companies and public-safety in-building wireless systems.

Westell Technologies, Inc. (OTCMKTS:WSTL - ) shares rose 3.7% during mid-day trading on Thursday . The stock traded as high as $6.47 and last traded at $6.47. Approximately 17,196 shares changed hands during mid-day trading, a decline of 1% from the average daily volume of 17,309 shares. The stock had previously closed at $6.24.

Westell Technologies Stock Performance

The company has a 50 day moving average price of $5.70 and a 200-day moving average price of $5.92. The company has a current ratio of 5.05, a quick ratio of 3.99 and a debt-to-equity ratio of 0.03. The company has a market cap of $102.33 million, a P/E ratio of -11.55 and a beta of 0.97.

About Westell Technologies

Westell Technologies, Inc, through its subsidiary, Westell, Inc, designs and distributes telecommunications products to telephone companies in the United States. The company operates through three segments: In-Building Wireless (IBW), Intelligent Site Management (ISM), and Communications Network Solutions (CNS). The IBW segment offers distributed antenna system conditioners; digital repeaters; battery backup units; and system components and antennas, including couplers, duplexers, splitters, filters, and tappers for commercial and public safety in-building wireless systems.

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