Frequency Electronics, (FEIM) drops 11.37% on Strong Volume September 14

Equities Staff  |

Today, Frequency Electronics, Inc. Inc’s (NASDAQ: FEIM) stock dropped $1.24, accounting for a 11.37% decrease. Frequency Electronics, opened at $9.75 before trading between $10.02 and $9.22 throughout Tuesday’s session. The activity saw Frequency Electronics,’s market cap fall to $89,204,696 on 100,664 shares -above their 30-day average of 12,572.

About Frequency Electronics, Inc.

Frequency Electronics, Inc. is a world leader in the design, development and manufacture of high precision timing, frequency generation and RF control products for space and terrestrial applications. Frequency's products are used in satellite payloads and in other commercial, government and military systems including C4ISR and electronic warfare, missiles, UAVs, aircraft, GPS, secure communications, energy exploration and wireline and wireless networks. Frequency has received over 100 awards of excellence for achievements in providing high performance electronic assemblies for over 150 space and DOD programs. The Company invests significant resources in research and development to expand its capabilities and markets.

Visit Frequency Electronics, Inc.'s profile for more information.

About The Nasdaq Stock Market

The Nasdaq Stock Market is a global leader in trading data and services, and equities and options listing. Nasdaq is the world's leading exchange for options volume and is home to the five largest US companies - Apple, Microsoft, Amazon, Alphabet and Facebook.

To get more information on Frequency Electronics, Inc. and to follow the company's latest updates, you can visit the company's profile page here: Frequency Electronics, Inc.'s Profile. For more news on the financial markets be sure to visit Equities News. Also, don't forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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