Microwave Filter (OTCMKTS:MFCO) Shares Up 13.3% – Here’s Why

Microwave Filter Co. (OTCMKTS:MFCO) shares rose 13.3% during mid-day trading on Wednesday. The company traded as high as $1.70 and last traded at $1.70. 200 shares traded hands during trading, a decline of 66% from the average session volume of 586 shares. The stock had previously closed at $1.50.

Microwave Filter Stock Performance

The company has a 50-day simple moving average of $1.53 and a 200 day simple moving average of $1.17. The company has a market cap of $4.37 million, a P/E ratio of 13.08 and a beta of 0.04.

Microwave Filter (OTCMKTS:MFCO) last released its earnings results on Friday, August 14th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $0.62 million for the quarter.

About Microwave Filter

Microwave Filter Company, Inc (OTCMKTS: MFCO) designs and manufactures radio-frequency (RF) and microwave filtering products. Its solutions are used to select, separate, combine and control signals across communications and other electronic systems.

The company’s product offerings include custom and standard filters, duplexers, multiplexers and related RF components. Microwave Filter serves applications such as wireless communications, satellite and space systems, defense electronics, broadcast, public safety and industrial equipment.

The company is based in East Syracuse, New York, and has operated as a specialized RF and microwave component manufacturer for several decades.