The stock of Airgain Inc (NASDAQ:AIRG) is a huge mover today! The stock decreased 4.31% or $0.68 on October 3, hitting $15.08. About 205,193 shares traded hands. Airgain Inc (NASDAQ:AIRG) has risen 6.00% since September 4, 2016 and is uptrending. It has underperformed by 6.22% the S&P500.
The move comes after 7 months negative chart setup for the $109.69 million company. It was reported on Oct, 4 by Barchart.com. We have $13.57 PT which if reached, will make NASDAQ:AIRG worth $10.97M less.
According to Zacks Investment Research, “Airgain, Inc. is a provider of embedded antenna technologies. It offers antennas for the devices which are deployed in carrier, enterprise and residential wireless networks and systems, including set top boxes, access points, routers, gateways, media adapters and digital televisions. The company also offers residential wireless local area network or wireless fidelity to carriers, original equipment manufacturers, original design manufacturers and system designers. Airgain, Inc. is based in San Diego, United States.”
More notable recent Airgain Inc (NASDAQ:AIRG) news were published by: Investorplace.com which released: “Will Airgain Inc Run Out of Fuel? (AIRG)” on September 22, 2016, also Marketwatch.com with their article: “Airgain Inc. NASDAQ: AIRG” published on August 12, 2016, Zacks.com published: “After Airgain (AIRG) Priced Its IPO, Should Investors Buy?” on August 12, 2016. More interesting news about Airgain Inc (NASDAQ:AIRG) were released by: Benzinga.com and their article: “Airgain Downgraded At Wunderlich As Shares Trade Above PT” published on September 21, 2016 as well as Benzinga.com‘s news article titled: “Wunderlich Initiates Airgain At Buy, Positive On Industry Tailwinds” with publication date: September 06, 2016.
AIRG Company Profile
Airgain, Inc. is a well-known provider of embedded antenna technologies used to enable high performance wireless networking. The Company’s activities are located primarily in the United States, and most of its assets are located in San Diego, California. The Firm operates through a segment related to the sale of antenna products. It offers antennas for the devices that are deployed in carrier, enterprise and residential wireless networks and systems, including set top boxes, access points, routers, gateways, media adapters and digital televisions. It also offers residential wireless local area network (WLAN) or wireless fidelity (Wi-Fi) to carriers, original equipment manufacturers (OEMs), original design manufacturers (ODMs) and system designers. It also develops embedded antenna technology for markets, including enterprise Wi-Fi systems for on premises and cloud services and for small cellular applications, using Long-Term Evolution (LTE) and digital enhanced cordless telecommunications (DECT). It uses third parties to manufacture products, while maintaining oversight for critical test and calibration functions.
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