Communications Systems, Inc. (NASDAQ:JCS) insider Kristin Hlavka sold 2,472 shares of the business’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $5.93, for a total transaction of $14,658.96.

JCS stock opened at $6.06 on Friday. The company has a quick ratio of 3.41, a current ratio of 4.33 and a debt-to-equity ratio of 0.01. Communications Systems, Inc. has a twelve month low of $2.03 and a twelve month high of $6.98. The stock has a market capitalization of $55.04 million, a price-to-earnings ratio of -8.54 and a beta of 0.85. The firm’s fifty day simple moving average is $4.79 and its two-hundred day simple moving average is $3.77.

Communications Systems (NASDAQ:JCS) last issued its earnings results on Thursday, October 31st. The communications equipment provider reported $0.19 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.07 by $0.12. The firm had revenue of $18.22 million during the quarter, compared to analyst estimates of $18.10 million. Communications Systems had a net margin of 5.80% and a return on equity of 10.00%. As a group, equities research analysts expect that Communications Systems, Inc. will post 0.3 EPS for the current year.

A number of research analysts have weighed in on JCS shares. TheStreet upgraded shares of Communications Systems from a “d+” rating to a “c-” rating in a research report on Friday, August 16th. Zacks Investment Research upgraded shares of Communications Systems from a “hold” rating to a “strong-buy” rating and set a $4.75 price objective on the stock in a research report on Friday, August 16th. Finally, ValuEngine cut shares of Communications Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, September 4th.

Several institutional investors and hedge funds have recently modified their holdings of the company. Gabelli Funds LLC boosted its stake in shares of Communications Systems by 1.1% during the second quarter. Gabelli Funds LLC now owns 310,000 shares of the communications equipment provider’s stock valued at $933,000 after purchasing an additional 3,500 shares during the period. Gamco Investors INC. ET AL boosted its stake in shares of Communications Systems by 0.9% during the second quarter. Gamco Investors INC. ET AL now owns 529,525 shares of the communications equipment provider’s stock valued at $1,594,000 after purchasing an additional 4,464 shares during the period. Renaissance Technologies LLC boosted its stake in shares of Communications Systems by 1.5% during the second quarter. Renaissance Technologies LLC now owns 513,711 shares of the communications equipment provider’s stock valued at $1,546,000 after purchasing an additional 7,800 shares during the period. Finally, Morgan Stanley purchased a new stake in shares of Communications Systems during the second quarter valued at $48,000. 25.89% of the stock is owned by hedge funds and other institutional investors.

About Communications Systems

Communications Systems, Inc, through its subsidiaries, manufactures and sells connectivity infrastructure products for broadband and voice communications in North America, Europe, the Middle East, Africa, and internationally. The company's Transition Networks segment designs, assembles, and markets media converters, NIDs, network interface cards, Ethernet switches, small form factor pluggable modules, and other connectivity products under the Transition Networks brand name.

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Insider Buying and Selling by Quarter for Communications Systems (NASDAQ:JCS)

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