Bk Technologies (NYSEAMERICAN:BKTI) Stock Price Down 3.6% – What’s Next?

Bk Technologies, Inc. (NYSEAMERICAN:BKTI)’s stock price dropped 3.6% on Friday . The stock traded as low as $80.00 and last traded at $80.00. Approximately 25,359 shares traded hands during mid-day trading, a decline of 44% from the average daily volume of 45,581 shares. The stock had previously closed at $83.00.

Bk Technologies Price Performance

The company’s 50-day simple moving average is $86.88 and its 200-day simple moving average is $80.77. The stock has a market capitalization of $299.20 million, a P/E ratio of 22.41 and a beta of 0.61.

Bk Technologies (NYSEAMERICAN:BKTI) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.11. The company had revenue of $21.29 million during the quarter, compared to the consensus estimate of $21.30 million. Bk Technologies had a net margin of 16.03% and a return on equity of 39.83%. Bk Technologies has set its FY 2026 guidance at 3.550-3.550 EPS.

Hedge Funds Weigh In On Bk Technologies

A number of institutional investors have recently bought and sold shares of the business. AIGH Capital Management LLC lifted its position in shares of Bk Technologies by 113.6% in the fourth quarter. AIGH Capital Management LLC now owns 211,453 shares of the company’s stock valued at $15,772,000 after buying an additional 112,444 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Bk Technologies by 6.6% during the 3rd quarter. Vanguard Group Inc. now owns 180,099 shares of the company’s stock worth $15,215,000 after acquiring an additional 11,169 shares during the last quarter. Balentine LLC bought a new stake in Bk Technologies in the 3rd quarter valued at $7,540,000. Geode Capital Management LLC lifted its holdings in Bk Technologies by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 72,892 shares of the company’s stock valued at $5,439,000 after purchasing an additional 853 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Bk Technologies by 10.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 67,978 shares of the company’s stock valued at $5,073,000 after purchasing an additional 6,696 shares during the last quarter. Institutional investors and hedge funds own 55.05% of the company’s stock.

About Bk Technologies

BK Technologies Corporation is a designer and manufacturer of professional two-way radio communications equipment and systems. The company’s product portfolio includes portable radios, mobile radios, repeater and dispatch consoles, antennas and related accessories. BK Technologies serves a broad range of end markets that require reliable voice and data communications, including public safety agencies, government entities, utilities, transportation, oil and gas, mining and commercial applications.

BK Technologies offers both analog and digital radio platforms, supporting industry standards such as Project 25 (P25) for mission-critical communications.