Giga-tronics Incorporated (NASDAQ:GIGA) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued on Tuesday.

Giga-tronics (GIGA) traded up 0.4302% on Tuesday, reaching $0.8637. 8,332 shares of the company traded hands. The company’s market capitalization is $8.25 million. The stock’s 50 day moving average price is $0.82 and its 200 day moving average price is $0.81. Giga-tronics has a one year low of $0.60 and a one year high of $1.32.

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About Giga-tronics

Giga-tronics Incorporated (Giga-tronics) includes the operations of the Giga-tronics Division and Microsource Inc (Microsource). The Company operates through two segments: Giga-tronics Division and Microsource. Giga-tronics segment designs, manufactures and markets the Advanced Signal Generator (ASG) for the electronic warfare market and switching systems that are used in automatic testing systems primarily in aerospace, defense and telecommunications.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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