Westell Technologies (OTCMKTS:WSTL) Shares Cross Above 200-Day Moving Average – Here’s Why

Westell Technologies, Inc. (OTCMKTS:WSTLGet Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.23 and traded as high as $7.50. Westell Technologies shares last traded at $7.40, with a volume of 8,095 shares traded.

Westell Technologies Stock Performance

The company has a current ratio of 5.05, a quick ratio of 3.99 and a debt-to-equity ratio of 0.03. The stock’s 50 day moving average price is $6.99 and its two-hundred day moving average price is $6.23. The firm has a market capitalization of $115.90 million, a PE ratio of -13.09 and a beta of 0.97.

About Westell Technologies

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Westell Technologies, Inc, through its subsidiary, Westell, Inc, designs and distributes telecommunications products to telephone companies in the United States. The company operates through three segments: In-Building Wireless (IBW), Intelligent Site Management (ISM), and Communications Network Solutions (CNS). The IBW segment offers distributed antenna system conditioners; digital repeaters; battery backup units; and system components and antennas, including couplers, duplexers, splitters, filters, and tappers for commercial and public safety in-building wireless systems.

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