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

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

Blonder Tongue Laboratories Trading Up 1.5 %

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

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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