Let’s start up with the current stock price of Blonder Tongue Laboratories Inc. (BDR), which is $1.35 to be very precise. The Stock rose vividly during the last session to $1.43 after opening rate of $1.22 while the lowest price it went was recorded $1.22 before closing at $1.22.
Recently in News on July 6, 2021, Blonder Tongue Announces Forgiveness of CARES Act PPP Loan. Blonder Tongue Laboratories, Inc. (NYSE American:BDR) announced today that it has received forgiveness of $1,768,762 of loan proceeds (“PPP Loan”) previously received under the Paycheck Protection Program (“PPP”). You can read further details here
Blonder Tongue Laboratories Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $2.3300 on 02/01/21, with the lowest value was $0.9721 for the same time period, recorded on 04/20/21.
Blonder Tongue Laboratories Inc. (BDR) full year performance was 82.43%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Blonder Tongue Laboratories Inc. shares are logging -64.47% during the 52-week period from high price, and 107.69% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.65 and $3.80.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1129947 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Blonder Tongue Laboratories Inc. (BDR) recorded performance in the market was 1.50%, having the revenues showcasing 35.00% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 17.36M, as it employees total of 161 workers.
Analysts verdict on Blonder Tongue Laboratories Inc. (BDR)
During the last month, 0 analysts gave the Blonder Tongue Laboratories Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.3094, with a change in the price was noted -0.26. In a similar fashion, Blonder Tongue Laboratories Inc. posted a movement of -16.15% for the period of last 100 days, recording 740,521 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for BDR is recording 2.93 at the time of this writing. In addition, long term Debt to Equity ratio is set at 2.07.
Blonder Tongue Laboratories Inc. (BDR): Technical Analysis
Raw Stochastic average of Blonder Tongue Laboratories Inc. in the period of last 50 days is set at 36.71%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 28.83%. In the last 20 days, the company’s Stochastic %K was 19.21% and its Stochastic %D was recorded 21.48%.
Let’s take a glance in the erstwhile performances of Blonder Tongue Laboratories Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 1.50%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -12.90%, alongside a boost of 82.43% for the period of the last 12 months. The shares increased approximately by -3.57% in the 7-day charts and went down by 8.87% in the period of the last 30 days. Common stock shares were driven by 35.00% during last recorded quarter.