Optex Systems (NASDAQ:OPXS) Posts Earnings Results

Optex Systems (NASDAQ:OPXS) announced its quarterly earnings results on Monday. The company reported $0.12 earnings per share (EPS) for the quarter, Zacks reports. Optex Systems had a net margin of 11.08% and a return on equity of 22.21%.

Optex Systems Price Performance

Shares of NASDAQ OPXS opened at $6.14 on Wednesday. The company has a 50 day simple moving average of $7.17 and a 200-day simple moving average of $7.83. The company has a market capitalization of $42.37 million, a P/E ratio of 11.16 and a beta of 0.34. Optex Systems has a 1 year low of $5.52 and a 1 year high of $10.30.

Insider Transactions at Optex Systems

In related news, insider Topline Capital Management, Ll sold 13,674 shares of Optex Systems stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $7.24, for a total value of $98,999.76. Following the completion of the sale, the insider now owns 779,901 shares in the company, valued at approximately $5,646,483.24. This trade represents a 1.72 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 30.30% of the company’s stock.

Optex Systems Company Profile

Optex Systems Holdings, Inc manufactures and sells optical sighting systems and assemblies primarily for the U.S. department of defense, foreign military applications, and commercial markets in the United States. It offers periscopes, such as laser and non-laser protected plastic and glass periscopes, electronic M17 day/thermal periscopes, and vision blocks; sighting systems, including back up sights, digital day and night sighting systems, M36 thermal periscope, unity mirrors, optical weapon system support and maintenance, commander weapon station sights, and sight assembly refurbishments; howitzers comprising M137 telescope, M187 mount, M119 aiming device, XM10 and aiming circles; and applied optics center consisting of laser interference filter, optical assemblies, laser filter units, day windows, and specialty thin film coatings, as well as other products, such as muzzle reference systems, binoculars, collimators, optical lenses and elements, and windows.