NASDAQ:XGTI - xG Technology Stock Price, News, Headlines & Rumors

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$0.42 -0.08 (-16.00 %)
(As of 08/17/2018 01:24 AM ET)
Previous Close$0.50
Today's Range$0.37 - $0.51
52-Week Range$0.37 - $2.00
Volume918,700 shs
Average Volume206,491 shs
Market Capitalization$9.56 million
P/E RatioN/A
Dividend YieldN/A
Beta-0.47
xG Technology logoxG Technology, Inc. designs, develops, and delivers advanced wireless communications solutions in North America, Europe, South America, Asia, and rest of world. The company offers electronic news gathering, wireless camera, portable microwave, and fixed point to point systems for the broadcasting market; wireless camera systems and mobile radios for the sports and entertainment market; and wireless video solutions, including manned and unmanned aerial and ground systems, mobile and handheld receive systems, and transmitters for the government/surveillance market. It provides HCAM, a 4K Ultra HD-capable on-camera wireless video transmitter; HDX-1100, an aircraft downlink transmitter; Newsnet, a ENG operations that brings studio workflows directly to the field; ViewBack, a lightweight, low power and latency, and dual channel receiver-decoder that enables production, editing, and collaboration between camera operators and studio teams; and SatWare, an embedded computing and routing system designed for broadcast equipment in the field. In addition, the company offers mobile voice over Internet protocol and broadband data system, which utilizes an end-to-end Internet protocol system architecture; xMax now transportable broadband wireless system; CN5100 mobile hotspots; CN3100 vehicle modems designed to be installed inside or outside vehicles; CN3200 dual-band routing modem; CN1100 wireless access point; and CN7000 mobile control center. It markets its products through sales channels, including direct-to-end customer sales, network group sales, reseller/integrators, and original equipment manufacturers under the Integrated Microwave Technologies LLC, Vislink Communication Systems, and xMax brand names. xG Technology, Inc. was founded in 2002 and is headquartered in Sarasota, Florida.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Communications equipment, not elsewhere classified
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:XGTI
CUSIPN/A
Phone941-953-9035

Debt

Debt-to-Equity RatioN/A
Current Ratio1.30
Quick Ratio0.43

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$47.82 million
Price / Sales0.15
Cash Flow$0.3818 per share
Price / Cash1.10
Book Value$1.20 per share
Price / Book0.35

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$-10,540,000.00
Net Margins-46.88%
Return on Equity-61.31%
Return on Assets-33.35%

Miscellaneous

Employees43
Outstanding Shares16,940,000
Market Cap$9.56 million

xG Technology (NASDAQ:XGTI) Frequently Asked Questions

What is xG Technology's stock symbol?

xG Technology trades on the NASDAQ under the ticker symbol "XGTI."

How were xG Technology's earnings last quarter?

xG Technology Inc (NASDAQ:XGTI) announced its quarterly earnings data on Friday, August, 14th. The Wireless communications provider reported ($1.37) earnings per share for the quarter, missing analysts' consensus estimates of ($0.70) by $0.67. The Wireless communications provider earned $0.37 million during the quarter, compared to analysts' expectations of $1.50 million. xG Technology had a negative return on equity of 61.31% and a negative net margin of 46.88%. View xG Technology's Earnings History.

When is xG Technology's next earnings date?

xG Technology is scheduled to release their next quarterly earnings announcement on Tuesday, November, 13th 2018. View Earnings Estimates for xG Technology.

What price target have analysts set for XGTI?

1 analysts have issued 12 month target prices for xG Technology's shares. Their predictions range from $4.00 to $4.00. On average, they anticipate xG Technology's stock price to reach $4.00 in the next year. This suggests a possible upside of 852.4% from the stock's current price. View Analyst Price Targets for xG Technology.

What is the consensus analysts' recommendation for xG Technology?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for xG Technology in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for xG Technology.

Who are some of xG Technology's key competitors?

Who are xG Technology's key executives?

xG Technology's management team includes the folowing people:
  • Mr. Gary D. Cuccio, Exec. Chairman & Interim CEO (Age 72)
  • Mr. Roger Glenn Branton, Chief Financial Officer (Age 51)
  • Mr. John Carlton Coleman, Director (Age 64)
  • Mr. Benjamin H. Dickens Jr., Gen. Councel (Age 65)
  • Mr. John Procacci, VP of Sales

Has xG Technology been receiving favorable news coverage?

News headlines about XGTI stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. xG Technology earned a coverage optimism score of 0.07 on Accern's scale. They also gave news articles about the Wireless communications provider an impact score of 44.81 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future. View Recent Headlines for xG Technology.

How do I buy shares of xG Technology?

Shares of XGTI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is xG Technology's stock price today?

One share of XGTI stock can currently be purchased for approximately $0.42.

How big of a company is xG Technology?

xG Technology has a market capitalization of $9.56 million and generates $47.82 million in revenue each year. xG Technology employs 43 workers across the globe.

How can I contact xG Technology?

xG Technology's mailing address is 240 SOUTH PINEAPPLE AVENUE SUITE 701, SARASOTA FL, 34236. The Wireless communications provider can be reached via phone at 941-953-9035 or via email at [email protected]


MarketBeat Community Rating for xG Technology (NASDAQ XGTI)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  161 (Vote Outperform)
Underperform Votes:  124 (Vote Underperform)
Total Votes:  285
MarketBeat's community ratings are surveys of what our community members think about xG Technology and other stocks. Vote "Outperform" if you believe XGTI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe XGTI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/17/2018 by MarketBeat.com Staff

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