Blonder Tongue Laboratories (NYSEAMERICAN:BDR) Shares Up 1.5% – Here’s Why

Blonder Tongue Laboratories, Inc. (NYSEAMERICAN:BDRGet Free Report)’s stock price shot up 1.5% during trading on Monday . The stock traded as high as $0.31 and last traded at $0.31. 190,300 shares changed hands during trading, a decline of 48% from the average session volume of 364,033 shares. The stock had previously closed at $0.30.

Blonder Tongue Laboratories Price Performance

The company has a current ratio of 1.35, a quick ratio of 0.63 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $4.06 million, a price-to-earnings ratio of -1.69 and a beta of 0.23.

About Blonder Tongue Laboratories

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Blonder Tongue Laboratories, Inc, a technology-development and manufacturing company, provides television (TV) signal encoding, transcoding, digital transport, and broadband product solutions in the United States. It offers encoders/transcoders, such as 4K/ultra-high definition, high definition and standard definition, MPEG-2, MPEG-4/H.264, and HEVC/H.265 capable encoders and transcoders; and QPSK and 8PSK, and QAM transcoders.

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