Wireless Telecom Group (NYSEAMERICAN:WTT) was upgraded by equities researchers at TheStreet from a “d+” rating to a “c” rating in a research report issued on Friday.

Wireless Telecom Group (NYSEAMERICAN WTT) traded down $0.13 during midday trading on Friday, reaching $2.26. The company had a trading volume of 77,400 shares, compared to its average volume of 52,006. Wireless Telecom Group has a 12 month low of $1.30 and a 12 month high of $2.45.

A hedge fund recently bought a new stake in Wireless Telecom Group stock. Essex Investment Management Co. LLC acquired a new stake in Wireless Telecom Group, Inc. (NYSEAMERICAN:WTT) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 239,532 shares of the technology company’s stock, valued at approximately $400,000. Essex Investment Management Co. LLC owned approximately 1.07% of Wireless Telecom Group as of its most recent SEC filing.

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About Wireless Telecom Group

Wireless Telecom Group, Inc designs and manufactures radio frequency and microwave-based products for wireless and communications industries. It markets its products and services under the brand names, Boonton, Microlab and Noisecom. It serves commercial and government markets with solutions in distributed antenna systems (DAS), cellular/mobile, wireless fidelity, worldwide interoperability for microwave access (WiMAX), private mobile radio, satellite, cable, radar, avionics, medical and computing applications.

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