Giga-tronics Incorporated (GIGA) Announces Earnings Results
Giga-tronics Incorporated (NASDAQ:GIGA) issued its quarterly earnings results on Friday. The scientific and technical instruments company reported ($0.13) earnings per share (EPS) for the quarter, Bloomberg Earnings reports.
Shares of Giga-tronics (NASDAQ GIGA) traded up 4.6941% on Friday, reaching $0.8899. 43,224 shares of the company were exchanged. The company’s market capitalization is $8.71 million. Giga-tronics has a 52 week low of $0.60 and a 52 week high of $1.13. The company’s 50-day moving average is $0.83 and its 200-day moving average is $0.84.
Separately, ValuEngine raised shares of Giga-tronics from a “sell” rating to a “hold” rating in a research report on Tuesday, June 13th.
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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.
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