At the end of the latest market close, Communications Systems Inc. (JCS) was valued at $6.79. In that particular session, Stock kicked-off at the price of $6.77 while reaching the peak value of $6.79 and lowest value recorded on the day was $6.62. The stock current value is $8.08.Recently in News on September 13, 2021, Communications Systems Declares Special Dividend. Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), today announced that its board of directors has declared a special dividend of $3.50 per share payable on October 15, 2021, to CSI shareholders of record at the close of business on September 30, 2021. The aggregate amount of the special dividend is approximately $34.0 million, to be funded from the net proceeds of the sale of CSI’s Transition Networks and Net2Edge businesses, which comprised substantially all of the assets of the Company’s Electronics & Software Segment to Lantronix, Inc. (Nasdaq: LNXT) that closed on August 2, 2021, and CSI’s existing cash on hand. You can read further details here
Communications Systems 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 $11.45 on 03/02/21, with the lowest value was $4.30 for the same time period, recorded on 01/04/21.
Communications Systems Inc. (JCS) full year performance was 66.42%
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, Communications Systems Inc. shares are logging -29.42% during the 52-week period from high price, and 118.41% 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 $3.70 and $11.45.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 5428068 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 Communications Systems Inc. (JCS) recorded performance in the market was 48.58%, having the revenues showcasing -4.63% 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 65.80M, as it employees total of 150 workers.
The Analysts eye on Communications Systems Inc. (JCS)
During the last month, 0 analysts gave the Communications Systems 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 6.80, with a change in the price was noted +2.23. In a similar fashion, Communications Systems Inc. posted a movement of +37.99% for the period of last 100 days, recording 72,649 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 JCS is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical rundown of Communications Systems Inc. (JCS)
Raw Stochastic average of Communications Systems Inc. in the period of last 50 days is set at 77.11%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 77.11%. In the last 20 days, the company’s Stochastic %K was 54.22% and its Stochastic %D was recorded 40.97%.
Considering, the past performance of Communications Systems 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 48.58%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -3.00%, alongside a boost of 66.42% for the period of the last 12 months. The shares increased approximately by -0.15% in the 7-day charts and went up by -2.30% in the period of the last 30 days. Common stock shares were lifted by -4.63% during last recorded quarter.