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KVH Industries (NASDAQ:KVHI) shares hit a new 52-week low during mid-day trading on Friday , Analyst Ratings Network reports. The company traded as low as $12.17 and last traded at $12.32, with a volume of 25,394 shares changing hands. The stock had previously closed at $12.42.

The stock has a 50-day moving average of $13.41 and a 200-day moving average of $13.32. The company’s market cap is $197.0 million.

KVH Industries (NASDAQ:KVHI) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.05 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.04 by $0.01. The company had revenue of $40.90 million for the quarter, compared to the consensus estimate of $43.40 million. During the same quarter last year, the company posted $0.10 earnings per share. KVH Industries’s revenue was down 5.3% compared to the same quarter last year. On average, analysts predict that KVH Industries will post $0.09 earnings per share for the current fiscal year.

KVH Industries, Inc (NASDAQ:KVHI) is a manufacturer of solutions that provide global high-speed Internet, television, and voice services via satellite to mobile users at sea, on land, and in the air.

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