Airgain, Inc. (AIRG) Set to Announce Earnings on Wednesday

Airgain, Inc. (NASDAQ:AIRG) will release its earnings data after the market closes on Wednesday, November 8th. Analysts expect Airgain to post earnings of $0.13 per share for the quarter.

Shares of Airgain, Inc. (NASDAQ:AIRG) opened at 8.72 on Wednesday. The company has a 50-day moving average of $9.11 and a 200 day moving average of $9.10. Airgain, Inc. has a one year low of $8.37 and a one year high of $29.30. The firm has a market cap of $83.22 million, a PE ratio of 34.20 and a beta of 1.70.

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A number of equities analysts have weighed in on AIRG shares. Zacks Investment Research cut Airgain from a “hold” rating to a “sell” rating in a report on Tuesday, September 12th. B. Riley restated a “buy” rating and issued a $12.50 price target on shares of Airgain in a report on Friday, September 8th. Finally, Cowen and Company restated a “buy” rating and issued a $19.00 price target on shares of Airgain in a report on Thursday, August 10th. One research analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $17.01.

In related news, Director Francis X. Egan purchased 10,276 shares of the firm’s stock in a transaction on Monday, September 11th. The stock was purchased at an average price of $8.99 per share, for a total transaction of $92,381.24. Following the acquisition, the director now directly owns 50,000 shares in the company, valued at $449,500. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 23.40% of the stock is owned by corporate insiders.

About Airgain

Airgain, Inc is a provider of embedded antenna technologies used to enable wireless networking across a range of home, enterprise and industrial devices. The Company’s antennas are found in devices deployed in carrier, enterprise and residential wireless networks and systems, including set top boxes, access points, routers, gateways and digital televisions.

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