Optex Systems (NASDAQ:OPXS) Issues Quarterly Earnings Results

Optex Systems (NASDAQ:OPXS) posted its quarterly earnings results on Monday. The company reported $0.12 earnings per share for the quarter, Zacks reports. Optex Systems had a return on equity of 22.21% and a net margin of 11.08%.

Optex Systems Stock Performance

Optex Systems stock opened at $6.46 on Tuesday. The business’s 50-day simple moving average is $7.21 and its two-hundred day simple moving average is $7.85. The company has a market cap of $44.57 million, a PE ratio of 11.75 and a beta of 0.34. Optex Systems has a fifty-two week low of $5.52 and a fifty-two week high of $10.30.

Insider Buying and Selling at Optex Systems

In other news, insider Topline Capital Management, Ll sold 13,674 shares of the company’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $7.24, for a total value of $98,999.76. Following the sale, the insider now owns 779,901 shares in the company, valued at $5,646,483.24. This represents a 1.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 30.30% of the company’s stock.

Optex Systems Company Profile

Optex Systems Holdings, Inc manufactures and sells optical sighting systems and assemblies primarily for the U.S. department of defense, foreign military applications, and commercial markets in the United States. It offers periscopes, such as laser and non-laser protected plastic and glass periscopes, electronic M17 day/thermal periscopes, and vision blocks; sighting systems, including back up sights, digital day and night sighting systems, M36 thermal periscope, unity mirrors, optical weapon system support and maintenance, commander weapon station sights, and sight assembly refurbishments; howitzers comprising M137 telescope, M187 mount, M119 aiming device, XM10 and aiming circles; and applied optics center consisting of laser interference filter, optical assemblies, laser filter units, day windows, and specialty thin film coatings, as well as other products, such as muzzle reference systems, binoculars, collimators, optical lenses and elements, and windows.