Frequency Electronics, Inc [NASDAQ: FEIM] price plunged by -2.35 percent to reach at -$0.52.
A sum of 308117 shares traded at recent session while its average daily volume was at 106.28K shares. Frequency Electronics, Inc shares reached a high of $22.8 and dropped to a low of $20.67 until finishing in the latest session at $21.81.
The one-year FEIM stock forecast points to a potential downside of -28.29. The average equity rating for FEIM stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Frequency Electronics, Inc [FEIM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FEIM shares is $17.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FEIM stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Frequency Electronics, Inc is set at 1.38, with the Price to Sales ratio for FEIM stock in the period of the last 12 months amounting to 3.23. The Price to Book ratio for the last quarter was 4.07, with the Price to Cash per share for the same quarter was set at 0.57. Price to Free Cash Flow for FEIM in the course of the last twelve months was 50.13 with Quick ratio for the last quarter at 1.08.
FEIM Stock Performance Analysis:
Frequency Electronics, Inc [FEIM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.13. With this latest performance, FEIM shares gained by 21.03% in over the last four-week period, additionally plugging by 30.52% over the last 6 months – not to mention a rise of 159.04% in the past year of trading.
Insight into Frequency Electronics, Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Frequency Electronics, Inc [FEIM] shares currently have an operating margin of 16.74% and a Gross Margin at 44.16%. Frequency Electronics, Inc’s Net Margin is presently recorded at 35.34%.
Return on Equity for this stock inclined to 28.16%, with Return on Assets sitting at 28.16%.
Frequency Electronics, Inc [FEIM] Institutonal Ownership Details
The top three institutional holders of FEIM stocks are: EDENBROOK CAPITAL, LLC with ownership of 1.87 million shares, which is approximately 19.6457%. DIMENSIONAL FUND ADVISORS LP, holding 0.68 million shares of the stock with an approximate value of $$6.24 million in FEIM stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $$3.72 million in FEIM stock with ownership which is approximately 4.2761%.
