Bk Technologies (NYSEAMERICAN:BKTI) Trading 0.2% Higher - Here's Why

Bk Technologies, Inc. (NYSEAMERICAN:BKTI - Get Free Report)'s stock price was up 0.2% on Monday . The stock traded as high as $76.95 and last traded at $74.51. Approximately 33,854 shares were traded during mid-day trading, a decline of 12% from the average daily volume of 38,664 shares. The stock had previously closed at $74.38.Get Bk Technologies alerts:Wall Street Analyst Weigh InMotorola Approaches Buy Point As Analysts Boost Price TargetsSeparately, Lake Street Capital restated a "buy" rating on shares of Bk Technologies in a research note on Monday, September 15th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Bk Technologies currently has an average rating of "Buy" and an average price target of $74.00.View Our Latest Stock Analysis on Bk TechnologiesBk Technologies Trading Up 0.2%The firm has a market cap of $277.92 million, a PE ratio of 22.51 and a beta of 0.48. The company has a 50-day simple moving average of $70.90 and a 200 day simple moving average of $63.03. Bk Technologies (NYSEAMERICAN:BKTI - Get Free Report) last posted its earnings results on Thursday, November 6th. The company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.31. Bk Technologies had a net margin of 15.71% and a return on equity of 40.39%. The firm had revenue of $24.41 million during the quarter, compared to analyst estimates of $22.10 million. Bk Technologies has set its FY 2025 guidance at 3.800-3.800 EPS. Institutional Investors Weigh In On Bk TechnologiesSeveral hedge funds have recently modified their holdings of the company. BNP Paribas Financial Markets acquired a new position in Bk Technologies in the 2nd quarter worth about $25,000. Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of Bk Technologies in the second quarter valued at approximately $25,000. Quarry LP acquired a new position in shares of Bk Technologies during the 3rd quarter worth approximately $27,000. AlphaQuest LLC purchased a new position in shares of Bk Technologies during the 3rd quarter valued at approximately $28,000. Finally, Bank of America Corp DE grew its stake in Bk Technologies by 3,882.6% in the 4th quarter. Bank of America Corp DE now owns 916 shares of the company's stock valued at $31,000 after acquiring an additional 893 shares during the period. 55.05% of the stock is owned by hedge funds and other institutional investors. Bk Technologies Company Profile (Get Free Report)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.Featured StoriesFive stocks we like better than Bk TechnologiesWall Street Stockpicker Names #1 Stock of 2026Do not delete, read immediately$100 Trillion “AI Metal” Found in American Ghost TownDrop these 5 stocks now!Trump’s new AI budget just passed — one stock could soarThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Bk Technologies Right Now?Before you consider Bk Technologies, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bk Technologies wasn't on the list.While Bk Technologies currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here