Price Don’t Lie: Is Airgain Inc a Buy? The Stock Rises Again

Price Don't Lie: Is Airgain Inc a Buy? The Stock Rises Again

The stock of Airgain Inc (NASDAQ:AIRG) is a huge mover today! About 179,878 shares traded hands. Airgain Inc (NASDAQ:AIRG) has risen 6.00% since October 31, 2016 and is uptrending. It has outperformed by 0.77% the S&P500.
The move comes after 6 months positive chart setup for the $137.30M company. It was reported on Nov, 30 by Barchart.com. We have $20.49 PT which if reached, will make NASDAQ:AIRG worth $5.49 million more.

Analysts await Airgain Inc (NASDAQ:AIRG) to report earnings on February, 9. AIRG’s profit will be $627,259 for 54.72 P/E if the $0.09 EPS becomes a reality. After $0.16 actual EPS reported by Airgain Inc for the previous quarter, Wall Street now forecasts -43.75% negative EPS growth.

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 Zacks.com with their article: “After Airgain (AIRG) Priced Its IPO, Should Investors Buy?” published on August 12, 2016, Marketwatch.com published: “Airgain Inc. NASDAQ: AIRG” on July 19, 2016. More interesting news about Airgain Inc (NASDAQ:AIRG) were released by: Reuters.com and their article: “BRIEF-Airgain Inc files for common stock offering of up to $26 mln – SEC F…” published on November 23, 2016 as well as Marketwatch.com‘s news article titled: “Airgain prices IPO at $8.00 a share” with publication date: August 12, 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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