Frequency Elcts Inc shares had a trading volume of 2,259 on Tuesday. Volume was down 76.22% under the stocks average daily volume.
Short traders are more bullish on shares of the company if you take a look at the fall in short interest. The stock saw a fall in short interest of -17.80% as of October 13, 2017 from the last reporting period. Short shares decreased from 12,762 to 10,490 over that period. The short-interest ratio increased to 5.0 and the short interest percentage is 0.00% as of October 13.
The following firms have recently changed their position in FEIM. Ubs Group Ag cut its position by shedding 3,293 shares a decrease of 72.2% as of 06/30/2017. Ubs Group Ag currently owns 1,269 shares valued at $12,000. The total value of its holdings decreased 76.0%. Grace & White Inc /ny grew its holdings by buying 13,884 shares an increase of 4.6% in the quarter. Grace & White Inc /ny controls 312,793 shares with a value of $2,987,000. The value of the position overall is up by 4.7%.
Ameriprise Financial Inc augmented its ownership by buying 12,400 shares an increase of 122.8%. Ameriprise Financial Inc owns 22,500 shares worth $215,000. The total value of its holdings increased 124.0%. Dimensional Fund Advisors Lp reduced its stake by selling 11,708 shares a decrease of 1.7% from 06/30/2017 to 09/30/2017. Dimensional Fund Advisors Lp now controls 681,218 shares valued at $6,397,000. The value of the position overall is down by 3.2%.
The company is now up by 1.96% percent from yesterday’s close. The most current P/E ratio is N/A and market cap is 81.71M. In the last earnings report the EPS was $-0.43 with 8.83M shares outstanding.
Frequency Electronics, Inc. (FEI), launched on May 23, 1968, is principally engaged in the design, development and manufacture of precision time and frequency control products and components for microwave integrated circuit applications. The Company operates in three segments based on the geographic locations of its subsidiaries, which include FEI-NY, Gillam-FEI and FEI-Zyfer. The FEI-NY segment also includes the operations of the Business’s subsidiaries, Frequency Electronics, Inc. Asia (FEI-Asia) and FEI-Elcom Tech, Inc. (FEI-Elcom). It operates through several facilities located across the world, which is used for manufacturing its products and for administrative activities, which includes Long Island, New York; Garden Grove, California; Liege, Belgium; Tianjin, China, and Rockleigh, New Jersey. The Business’s services are employed in commercial, government, command, control, communication, computer, intelligence, security and reconnaissance (C4ISR) and other military electronic systems. Its technology is used for a range of terrestrial and space applications..