BK Technologies (NYSEAMERICAN:BKTI) Issues FY 2024 Earnings Guidance

BK Technologies (NYSEAMERICAN:BKTI) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.920-1.920 for the period. The company issued revenue guidance of -.

BK Technologies Stock Up 11.9 %

BKTI stock opened at $31.63 on Friday. BK Technologies has a twelve month low of $11.06 and a twelve month high of $33.45. The stock has a market cap of $111.97 million, a price-to-earnings ratio of 32.11 and a beta of 1.18.

Insiders Place Their Bets

In related news, Director Joshua Horowitz bought 3,330 shares of the company’s stock in a transaction dated Monday, August 19th. The stock was purchased at an average cost of $19.86 per share, with a total value of $66,133.80. Following the transaction, the director now owns 90,000 shares in the company, valued at approximately $1,787,400. This trade represents a 3.84 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 9.48% of the company’s stock.

About BK Technologies

BK Technologies Corporation, through its subsidiary, BK Technologies, Inc, engages in design, manufacture, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios (LMR) that are hand-held (portable) or installed in vehicles (mobile).