Optex Systems (NASDAQ:OPXS) Trading Up 1.8%

Optex Systems Holdings, Inc (NASDAQ:OPXS) shares were up 1.8% on Wednesday . The stock traded as high as $4.15 and last traded at $4.15. Approximately 5,114 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 13,554 shares. The stock had previously closed at $4.08.

Optex Systems Stock Down 1.0 %

The stock’s 50 day moving average is $3.96 and its 200 day moving average is $3.59. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.98 and a current ratio of 4.02. The company has a market capitalization of $28.12 million, a PE ratio of 16.68 and a beta of 0.27.

Optex Systems (NASDAQ:OPXS) last issued its quarterly earnings data on Wednesday, August 16th. The company reported $0.09 earnings per share (EPS) for the quarter. Optex Systems had a return on equity of 14.30% and a net margin of 7.44%. The business had revenue of $7.17 million for the quarter.

Hedge Funds Weigh In On Optex Systems

Several hedge funds have recently bought and sold shares of the company. Kestra Private Wealth Services LLC bought a new position in Optex Systems in the 3rd quarter valued at $60,000. Geode Capital Management LLC purchased a new stake in Optex Systems in the second quarter valued at approximately $65,000. Finally, Punch & Associates Investment Management Inc. bought a new position in Optex Systems in the first quarter valued at $1,371,000. Hedge funds and other institutional investors own 7.15% of the company’s stock.

About Optex Systems

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, and commander weapon station sights; 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.