Westell Technologies (OTCMKTS:WSTL) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Shares of Westell Technologies, Inc. (OTCMKTS:WSTLGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $6.15 and traded as high as $7.33. Westell Technologies shares last traded at $7.33, with a volume of 1,924 shares.

Westell Technologies Trading Up 1.1%

The company has a quick ratio of 3.99, a current ratio of 5.05 and a debt-to-equity ratio of 0.03. The business’s fifty day simple moving average is $6.85 and its two-hundred day simple moving average is $6.17. The company has a market cap of $118.15 million, a price-to-earnings ratio of -13.34 and a beta of 0.97.

About Westell Technologies

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Westell Technologies, Inc, through its subsidiary, Westell, Inc, designs and distributes telecommunications products to telephone companies in the United States. The company operates through three segments: In-Building Wireless (IBW), Intelligent Site Management (ISM), and Communications Network Solutions (CNS). The IBW segment offers distributed antenna system conditioners; digital repeaters; battery backup units; and system components and antennas, including couplers, duplexers, splitters, filters, and tappers for commercial and public safety in-building wireless systems.

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