Optex Systems (NASDAQ:OPXS) Issues Earnings Results

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

Optex Systems Stock Down 2.6 %

NASDAQ:OPXS opened at $6.58 on Monday. The business’s 50-day moving average price is $7.26 and its 200 day moving average price is $7.85. Optex Systems has a 52-week low of $5.52 and a 52-week high of $10.30. The firm has a market cap of $45.37 million, a P/E ratio of 11.95 and a beta of 0.34.

Insider Buying and Selling at Optex Systems

In other Optex Systems news, insider Topline Capital Management, Ll sold 13,674 shares of the company’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $7.24, for a total value of $98,999.76. Following the transaction, the insider now owns 779,901 shares of the company’s stock, valued at approximately $5,646,483.24. This represents a 1.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 30.30% of the stock is owned by corporate insiders.

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.