Wireless Telecom Group (NYSEAMERICAN:WTT) Stock Crosses Above 200 Day Moving Average of $0.00

Wireless Telecom Group Inc (NYSEAMERICAN:WTT) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $1.57. Wireless Telecom Group shares last traded at $1.52, with a volume of 7,801 shares changing hands.

Wireless Telecom Group (NYSEAMERICAN:WTT) last posted its earnings results on Wednesday, May 8th. The technology company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.03). The business had revenue of $13.03 million for the quarter.

In related news, insider Timothy Whelan bought 25,000 shares of the business’s stock in a transaction on Monday, May 13th. The stock was acquired at an average price of $1.53 per share, with a total value of $38,250.00. Following the transaction, the insider now owns 152,873 shares in the company, valued at approximately $233,895.69. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In the last ninety days, insiders acquired 47,300 shares of company stock valued at $71,921.

About Wireless Telecom Group (NYSEAMERICAN:WTT)

Wireless Telecom Group, Inc, together with its subsidiaries, designs, develops, manufactures, and markets radio frequency (RF) and microwave devices in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates in three segments: Network Solutions, Test and Measurement, and Embedded Solutions.

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