Blonder Tongue Labs, Inc. (NYSEMKT:BDR) Director Steven L. Shea purchased 30,000 shares of the stock in a transaction on Wednesday, September 21st. The stock was bought at an average cost of $0.60 per share, for a total transaction of $18,000.00. Following the completion of the acquisition, the director now owns 337,126 shares in the company, valued at $202,275.60. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Blonder Tongue Labs, Inc. (NYSEMKT:BDR) opened at 0.62 on Friday. The company’s market capitalization is $4.58 million. The stock’s 50 day moving average is $0.60 and its 200 day moving average is $0.48. Blonder Tongue Labs, Inc. has a one year low of $0.28 and a one year high of $1.10.

Blonder Tongue Labs Company Profile

Blonder Tongue Laboratories, Inc (Blonder Tongue), along with its subsidiary, R. L. Drake Holdings, LLC (RLD), is a technology-development and manufacturing company. The Company delivers a range of products and services to the cable entertainment and media industry. Its products are deployed in a list of locations, including lodging/hospitality, multi-dwelling units/apartments, broadcast studios/networks, universities/schools, healthcare/hospitals and airports.

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