Comtech Telecommunications Corp. (CMTL) to Release Earnings on Thursday
Comtech Telecommunications Corp. (NASDAQ:CMTL) is set to post its Q314 quarterly earnings results on Thursday, June 5th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $77.50 million for the quarter.
Comtech Telecommunications Corp. (NASDAQ:CMTL) opened at 31.90 on Wednesday. Comtech Telecommunications Corp. has a 52-week low of $23.84 and a 52-week high of $33.80. The stock has a 50-day moving average of $31.66 and a 200-day moving average of $31.. The company has a market cap of $488.9 million and a P/E ratio of 30.68. Comtech Telecommunications Corp. also was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totalling 494,337 shares, a decline of 63.9% from the April 30th total of 1,370,399 shares. Currently, 3.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 141,539 shares, the short-interest ratio is presently 3.5 days.
Comtech Telecommunications Corp. designs, develops, produces and markets products, systems and services for advanced communications solutions.
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