M-tron Industries, Inc. (NYSEAMERICAN:MPTI – Get Free Report) shares were up 1.7% during trading on Thursday . The company traded as high as $46.51 and last traded at $45.71. Approximately 40,291 shares were traded during trading, a decline of 17% from the average daily volume of 48,656 shares. The stock had previously closed at $44.94.
M-tron Industries Price Performance
The company has a market cap of $121.48 million, a PE ratio of 27.13, a P/E/G ratio of 0.59 and a beta of 0.72.
M-tron Industries (NYSEAMERICAN:MPTI – Get Free Report) last issued its earnings results on Wednesday, August 14th. The company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.13. M-tron Industries had a return on equity of 23.56% and a net margin of 10.95%. The company had revenue of $11.81 million for the quarter, compared to analyst estimates of $11.20 million. As a group, equities research analysts anticipate that M-tron Industries, Inc. will post 2.26 EPS for the current fiscal year.
Hedge Funds Weigh In On M-tron Industries
M-tron Industries Company Profile
M-tron Industries, Inc engages in the design, manufacture, and marketing of frequency and spectrum control products in the United States and internationally. The company's products include radio frequency, microwave, and millimeter wave filters; cavity, crystal, ceramic, lumped element, and switched filters; high frequency and performance OCXOs, integrated PLL OCXOs, TCXOs, VCXOs, and low jitter and harsh environment oscillators; crystal resonators, integrated microwave assemblies; and solid-state power amplifier products.
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